Imports

Definition

• Goods and services produced in other countries and sold in Canada.

Synonyms
product, merchandise, transported goods, material, cheap plastic toys from China

Related Terms and Acronyms

• Deficit — Definition,
  • When expenses surpass income or liabilities surpass assets.
• Exports — Definition,
  • Products and services produced in Canada and sold in other countries.
• Surplus — Definition,
  • When an entity's income exceeds its expenses.
• Voyage Policy — Definition,
  • Insurance that covers assets being transported by sea.
• World Trade Organization (WTO) — Company Est. 1995,
  • An organization that promotes free trade between nations.
  ➥ Deals with the global rules of trade between nations.