foreign-trade zone

noun

Definition of foreign-trade zone

: an isolated policed area adjacent to a port of entry (as a seaport or airport) where foreign goods may be unloaded for immediate transshipment or stored, repacked, sorted, mixed, or otherwise manipulated without being subject to import duties

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Cite this Entry

“Foreign-trade zone.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/foreign-trade%20zone. Accessed 22 Jan. 2021.

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