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What (who) is importation - definition
SUM OF GOODS AND SERVICES BROUGHT INTO A JURISDICTION
Imports; Importer; Imported; Importation; Import (international trade); Import business; Importer of record
importation
see import
Importation
·vt The act of carrying, conveying, or delivering.
II. Importation ·vt That which is imported; commodities or wares introduced into a country from abroad.
III. Importation ·vt The act or practice of importing, or bringing into a country or state;
- opposed to exportation.
importation
n.
1.
Importing.
2.
Import, merchandise imported.
Wikipedia
Import
An import is the receiving country in an export from the sending country. Importation and exportation are the defining financial transactions of international trade.
In international trade, the importation and exportation of goods are limited by import quotas and mandates from the customs authority. The importing and exporting jurisdictions may impose a tariff (tax) on the goods. In addition, the importation and exportation of goods are subject to trade agreements between the importing and exporting jurisdictions.
Examples of use of importation
1. "We have multiple near–simultaneous outbreaks with different importation sources.
2. He also helped to arrange the importation of the drugs.
3. In that dispute, the Interior Ministry impounded 167,500 Motorola phones on charges of illegal importation.
4. It will also ease duties on the importation of foreign–made vessels.
5. ATF also processed over 10,000 requests for permanent importation of firearms into the United States.