free port

noun

: an enclosed port or section of a port where goods are received and shipped free of customs duty

Examples of free port in a Sentence

Recent Examples on the Web It’s located in a free port (a real thing where rich people can secure their valuables without paying taxes on them) at the Oslo airport. Nate Jones, Vulture, 26 Feb. 2024 Perhaps Sunak, who had written a research paper on the value of post-Brexit free ports, was voting like a hedge fund manager. Dominic Green, Washington Examiner, 12 Jan. 2024 Independent of any national jurisdiction, free ports allow traders to ship and store property without paying taxes or customs duties. Rachel Corbett, New York Times, 23 Aug. 2023 Le Freeport Singapore, one of Yves Bouvier’s free ports. Leena Kim, Town & Country, 18 Apr. 2023 In a plot line from the latest season of Billions, Bobby Axelrod hides fake versions of his art in a free port to dodge taxes, while the real things hang in his apartment. Leena Kim, Town & Country, 18 Apr. 2023 There are export processing zones, enterprise zones, and free ports. Matthew Gavin Frank, Harper's Magazine, 12 Dec. 2022 Capital investments in new development territories like the free port of Vladivostok in Russia, Khorgos dry port in Kazakhstan, and Astana International Financial Center (AIFC) have created tens of thousands of new jobs, and not in the commodity space for which these nations are mostly known. Kenneth Rapoza, Forbes, 22 Sep. 2021 The action ranges from European watering holes to the New York townhouse of Imelda Marcos to the free port warehouses of Geneva and Singapore, where works of art, legally obtained and otherwise, can be discreetly traded. Washington Post, 7 Jan. 2022

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'free port.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1530, in the meaning defined above

Time Traveler
The first known use of free port was in 1530

Dictionary Entries Near free port

Cite this Entry

“Free port.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/free%20port. Accessed 19 Apr. 2024.

Geographical Definition

Freeport

geographical name

Free·​port ˈfrē-ˌpȯrt How to pronounce Freeport (audio)
1
city in northern Illinois west of Rockford population 25,638
2
village in southeastern New York on Long Island population 42,860
3
city in northwestern Bahamas on central Grand Bahama Island population 26,574
Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!