Cargo Preference

Business / Agriculture / Cargo Preference: The Cargo Preference Act (P.L. 83-664) requires that whenever the federal government pays for equipment, material, or commodities shipped to other countries, a minimum percentage of the gross tonnage shipped by sea must go by U.S. flag vessels. Cargo preference requirements have been an issue in U.S. international food aid and export subsidy programs.

Other Words for Cargo

Cargo Noun Synonyms: shipment, consignment, shipload, truckload, wagon-load, load, trainload, carload, freight, goods, merchandise
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Other Words for Preference

Preference Verb Synonyms: favourite, choice, selection, desire, option, pick
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Cargo Preference Act

Business / Agriculture / Cargo Preference Act: P.L. 83-644 (August 26, 1954), as amended, contains permanent legislation concerning the transportation of waterborne cargoes in U.S.-flag vessels. The Act requires that 75% of the volume of U.S. agri MORE

Preference Shares

Business / Accounting / Preference Shares: This is a type of share issued by a limited company. It carries a medium risk but has the advantage over ordinary shares in that preference shareholders get the first slice of the dividend 'pie' (but MORE

Preference

Business / Finance / Preference: Refers to over-the-counter trading. Selection of a dealer to handle a trade despite the dealer's market not being the best available. Often the 'preferenced dealer' will then move his market in line. MORE

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