Trade Adjustment Assistance

Business / Agriculture / Trade Adjustment Assistance: Assistance provided by the Departments of Labor and Commerce to workers and firms that are adversely affected by increased imports. The Labor Department administers a program offering certified workers cash benefits for direct trade readjustment allowances and service benefits that include allocations for job search, relocation, and training. The Department of Commerce sponsors programs that provide technical services to certified firms designed to restore the economic viability of U.S. industries adversely affected by international import competition. This assistance is authorized by subchapter II of the Trade Act of 1974. The Act was amended most recently in 1993, when 'transitional' assistance was approved for workers affected by increased imports from Canada or Mexico or by shifts of U.S. production to those countries as a result of the North American Free Trade Agreement (NAFTA). Authority to extend trade adjustment assistance expires on June 30, 1999, but funds are appropriated to cover all of FY1999.

Other Words for Adjustment

Adjustment Noun Synonyms: adjusting, altering, alteration, setting, regulating, regulation, setting or putting right or aright or to rights, correcting, correction, calibrating, calibration, tuning
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Other Words for Assistance

Assistance Noun Synonyms: help, aid, support, succor, backing, reinforcement, relief, benefit
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Other Words for Trade

Trade Noun Synonyms: exchange, swap or swop, interchange, switch, barter, return
Trade Adjective Synonyms: commerce, business, traffic, exchange, barter, dealing(s), buying and selling, merchandising, marketing, mercantilism, truck
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Section 521 Rental Assistance

Business / Agriculture / Section 521 Rental Assistance: Rental assistance authorized under Section 521 of the Housing Act of 1949. Owners of housing financed under Section 515 or Section 514 may receive rental assistance payments from the Rural Housing Ser MORE

Sole Trader

Business / Accounting / Sole Trader: See Sole-proprietor . MORE

Spot Trade

Business / Finance / Spot Trade: Secondary distribution that may not require an SEC registration statement and may be attempted without delay. An underwriting discount is normally included in these offerings. MORE

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