Harmonized System

Business / Agriculture / Harmonized System: The international classification system for goods, implemented by most countries on January 1, 1998, which is used for tariff classification, trade statistics, and ultimately, transport documentation. Officially known as the Harmonized Commodity Description and Coding System, conversion was begun by the Customs Cooperation Council in 1970 as a replacement for the Customs Cooperation Council Nomenclature also known as the Brussels Tariff Nomenclature.

Other Words for System

System Noun Synonyms: scheme, method, approach, modus operandi, way, procedure, methodology, technique, plan, process, practice, routine
System Adjective Synonyms: organized whole, organization, set, group, combination, structure, arrangement, pattern, set-up
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Harmonized Tariff Schedules Of The United States (HTS)

Business / Agriculture / Harmonized Tariff Schedules Of The United States (HTS): This document, published and maintained by the U.S. International Trade Commission, provides the applicable tariff rates and statistical categories for all merchandise imported into the United States: MORE

Next Generation Water Level Measurement System (NGWLMS)

Science / Tides and Currents / Next Generation Water Level Measurement System (NGWLMS): A fully integrated system encompassing new technology sensors and recording equipment, multiple data transmission options, and an integrated data processing, analysis, and dissemination subsystem. MORE

Nonsystematic Risk

Business / Finance / Nonsystematic Risk: Nonmarket or firm-specific risk factors that can be eliminated by diversification. Also called unique risk or diversifiable risk. Systematic risk refers to risk factors common to the entire economy. MORE

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