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Q: please tell me what an "incoterms" is

Category: glossary , Asked by: L. K. From United States

A: Trade terms, published by the International Chamber of Commerce (ICC), that are commonly used in international contracts. Incoterms are used to make international trade easier by helping traders in different countries understand one another. Trade terms used internationally (such as Incoterms) are often identical in form to domestic terms (such as the American Uniform Commercial Code), but have different meanings. Therefore, it is important to indicate the particular law that governs their terms. For example, to use the Incoterm definition, a contract might refer to: "FOB (Incoterms 2000)." Visit Forex Club

    please tell me what "gUST restatement" is

    Category: glossary by J. G. From Canada

    As a result of changes to tax law in the United States, employers and retirement plan sponsors are required to complete new Adoption Agreements and restate their prototype qualified plans. In order for plans to maintain their qualified status, they must meet different statutory regulations. GUST comes from the combination of: General Agreements on Tariffs and Trade (GATT), the Uniformed Services Employment Rights Act of 1994 (USERRA), the Small Business Job Protection Act of 1996 (SBA-96), and the Taxpayer Relief Act of 1997 (TRA-97).

    do you know what the "greensheet" is?

    Category: glossary by R. Hodge from United States

    "greensheet " is An information circular prepared by an underwriter that summarizes the main components of a new issue's prospectus. A greensheet contains both advantages and disadvantages of a new issue so salespeople can attempt to solicit the issue to the public. A greensheet is created solely for the use of the employees of the underwriting firm.

    Will you give me a tip for a site that's famous for its long time experience of working the field?

    Category: general by Hailey B. From Joliet, United States

    We recommend you to try "Dukascopy". Headquartered at ICC, Route de Pr?-Bois 20 1215 Geneva 15 Switzerland, Dukascopy is an upcoming internet forex authority. Dukascopy is regulated by ARIF, one of the most reputable regulatory authorities in the world. Dukascopy was selected the illustrious the status of "The Forexreviews Top Bet of the Month for Jun. 2006".

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