Definition of Free Port

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TeachMeFinance.com - explain Free Port



Free Port -- An area where imported goods may be brought without payment of duties.

historic definition...

Free port -- A port free for trading vessels of all nations or a port where no duties are levied on articles of commerce.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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