Export Subsidy

Business / Agriculture / Export Subsidy: A direct or indirect compensation provided by government to private commercial firms to promote exports of domestic products. Article 16 of the GATT considers that export subsidies are unfair competition and allows countervailing duties to be imposed on subsidized products. Indirect methods of export subsidization include government subsidized financing for exports, export promotion and information activities, tax benefits, or other forms of assistance that may lead to lower than normal costs for exported products. The Uruguay Round Agreement on Agriculture imposes limits on agricultural export subsidies.

Other Words for Subsidy

Subsidy Verb Synonyms: funding, financing, subsidizing, sponsoring, sponsorship, assistance, aid, contribution, support, grant, subvention, maintenance, underwriting, capitalization
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Intermediate Export Credit Guarantee Program (GSM-103)

Business / Agriculture / Intermediate Export Credit Guarantee Program (GSM-103): One of CCC’s export credit guarantee programs. See GSM-103. MORE

Organization Of Petroleum Exporting Countries (OPEC)

Business / Finance / Organization Of Petroleum Exporting Countries (OPEC): A cartel of oil-producing countries. MORE

Interest Subsidy

Business / Finance / Interest Subsidy: The value of a firm's deduction of the interest payments on its debt from its earnings before calculation of its tax bill under current tax law. MORE

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