International Trade Terms

noun a method of transporting goods or passengers by aircraft, especially when compared to other methods of transport such as shipping or road transport

• The company decided to use airfreight to expedite the delivery of the perishable goods.
• We're sending the package by airfreight to make sure it gets there on time.
• Let's airfreight this package so it gets there ASAP.
• Her words seemed to airfreight straight to his heart, leaving a lasting impact.

noun a system of sending letters and packages by airmail

verb to send something by airmail

• The letter was sent via airmail to ensure quick delivery.
• I'll just send it through airmail to save on postage.
• Let's airmail this package and get it there in no time!
• Her words were like airmail, delivering the message straight to my heart.

noun An organization or economic system where goods and services are exchanged for one another or for money

• The company is looking to expand its business operations internationally.
• I'm thinking of starting my own business selling handmade crafts.
• My dad's business is really booming right now.
• Taking risks is just part of the business of life.

noun traditions or practices that are common within a particular society or group

• The customs of this country dictate that guests remove their shoes before entering a home.
• In our family, it's just a customs to always have a big Sunday dinner together.
• I don't follow all the customs of my parents, I like to do my own thing.
• Learning a new language can be like navigating through a maze of unfamiliar customs.

noun a person's regular occupation, profession, or trade

verb to engage in commercial, industrial, or professional activities

• Our company is looking for new partners to do business with in the European market.
• I heard that Tom is trying to do business with that new startup.
• Let's get down to business and start doing some deals.
• Sometimes you have to play hardball to do business in this industry.

noun a government order that restricts trade with another country

verb to impose an embargo on

• The government decided to impose an embargo on all imports from that country.
• They put a ban on buying products from there.
• They shut down all trade with them.
• She placed an embargo on all negative thoughts and focused on positivity instead.

noun a commodity, article, or service sold abroad

verb to send (goods or services) to another country for sale

• The country's main source of revenue comes from the export of natural resources.
• They make a lot of money by selling their products overseas.
• They ship out goods to make some cash.
• Her ability to export her ideas to different cultures is impressive.

noun goods or services brought into one country from another for sale

verb bring (goods or services) into one country from another for sale

• The import of goods from overseas has increased due to changes in trade agreements.
• I heard that the import taxes on electronics are going up next month.
• I can't believe the price of those imported sneakers, they're way too expensive.
• The import of new ideas into the company has sparked innovation and growth.

noun a person who is a citizen of more than one country

adjective relating to or involving two or more countries

• The company has expanded its operations to an international level.
• She loves to travel and experience different international cultures.
• I heard that new restaurant serves some bomb international cuisine.
• Learning a new language can open up a whole new international world for you.

noun a medium of payment recognized by a legal system

adjective related to or recognized by the law

• In this country, the national currency is considered legal tender for all transactions.
• You can use cash as legal tender to pay for your groceries at the store.
• I always make sure to have enough legal tender on me when I go out with friends.
• Time is the legal tender of relationships, spend it wisely.

noun the action or activity of buying and selling goods and services

adjective related to the act of buying and selling goods and services

• The trading of stocks and bonds is a common practice in the financial markets.
• I've been trading cryptocurrencies on the side to make some extra cash.
• I heard he's really into day trading now, trying to make a quick buck.
• Their friendship was built on a trading of secrets and shared experiences.

noun the action of transferring goods from one means of transportation to another

• The transshipment of goods at the port allows for efficient distribution to various destinations.
• They're doing a lot of transshipment at the dock to get everything where it needs to go.
• I heard they're moving stuff around at the port with some fancy transshipment process.
• In life, we often have to engage in transshipment of our emotions to different outlets for processing.

noun a term used in the context of Brexit negotiations to refer to the 'maximum facilitation' solution for customs arrangements

• The government is considering implementing a Max Fac solution for customs checks after Brexit.
• Have you heard about this Max Fac thing they're talking about for border control?
• I don't think the Max Fac plan is going to work out in the end.
• Using Max Fac is like putting a band-aid on a broken bone - it's not a long-term solution.

noun Chronic Fatigue Syndrome (CFS) is a medical condition characterized by extreme fatigue that cannot be explained by any underlying medical condition.

• Chronic Fatigue Syndrome (CFS) is a complex disorder characterized by extreme fatigue that cannot be explained by any underlying medical condition.
• I've been diagnosed with CFS, so I have to be careful not to overexert myself.
• Living with CFS can be a real energy-zapper.
• The workload was so heavy, it felt like I was carrying around a backpack full of CFS.

noun a blend of the name 'Trump' and 'economics', referring to the economic policies and approach advocated by Donald Trump during his presidency

• Trumponomics is a term used to describe the economic policies implemented by the Trump administration.
• Some people love Trumponomics, while others think it's a disaster.
• Trumponomics is all about making America great again.
• The impact of Trumponomics on the economy can be seen as a double-edged sword.

noun a financial institution that specializes in accepting bills of exchange and promissory notes in order to facilitate international trade

• The acceptance house provided a safe and supportive environment for individuals in recovery.
• I heard that the acceptance house is a great place to get help for addiction.
• The acceptance house is like a home away from home for those struggling with substance abuse.
• To me, the acceptance house represents a beacon of hope for those seeking a fresh start.

noun the act of hiring or chartering a vessel for transportation of goods

• The affreightment contract outlined the terms of transporting the goods by sea.
• The affreightment agreement was signed for shipping the cargo overseas.
• We got the affreightment deal sorted for moving the products across the ocean.
• The affreightment of responsibilities onto her shoulders was a heavy burden to bear.

noun African saffron

• African saffron is known for its high quality and unique flavor profile.
• Have you ever tried cooking with African saffron? It adds a great pop of color to dishes.
• I heard that African saffron is the bomb - it takes any meal to the next level!
• The use of African saffron in the dish really elevated the overall experience, adding a touch of luxury.