Business / Agriculture / Voluntary Export Restraint Arrangement (VER): An arrangement, usually a negotiated bilateral agreement, between countries in which suppliers or their government in an exporting country agree to limit to predetermined levels their exports of a particular product to an importing country. Under the Uruguay Round Agreement on Agriculture, vers are to be converted into fixed tariffs or tariff-rate quotas.
Arrangement Noun Synonyms: order, disposition, grouping, organization, array, display, structure, structuring, ordering, alignment, line-up, set-up
Restraint Verb Synonyms: control, check, curb, rein, bridle, restriction, constraint, limit, limitation, curtailment,, ban, interdict or interdiction, proscription, delimitation, bound(s), embargo
Voluntary Noun Synonyms: free, elective, willing, spontaneous, unsolicited, unbidden, unasked, gratuitous, contributed
Science / Chemistry / Rearrangement Reaction: A reaction in which a reactant and product are isomers of each other. Chemical bonds within the reactant are broken and reformed to produce the product. MORE
Business / Agriculture / Private Voluntary Organization (PVO): A nongovernmental, nonprofit organization that provides economic and social assistance to people in need, often in foreign countries. Pvos play an important role, along with cooperatives, in distribut MORE