General Order


 

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General Order

A penalty imposed on imported goods that are not promptly cleared through customs.



General Order

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Annual general meeting

Annual general meeting

An annual meeting, called by the directors of a company, which shareholders are invited to attend. Subjects normally discussed include audited accounts, election or re-election of directors and dividend payments to shareholders.The AGM is the main opportunity for shareholders to put questions direct to the directors of the company. They can also put forward their own motions, though some companies have criteria for motions which may restrict this - e.g. they may require that only shareholders with a certain number of shares can put forward motions.The equivalent US term is 'Annual Meeting'.


General Agreement on Tariffs and Trade

General Agreement on Tariffs and Trade

A trade agreement between a large number of countries, dating back to 1948, which was set up to improve trading world wide and to work towards the reduction of tariff barriers.


General equilibrium

General equilibrium

Equality of supply and demand in all markets of an economy simultaneously. The number of markets does not have to be large. The simplest Ricardian model has markets only for two goods and one factor, labor, but this is a general equilibrium model. Contrasts with partial equilibrium.


Director General

Director General

Title given to the person who heads certain international organizations, including the WTO.


General Lien

General Lien

(1) A lien such as a tax lien or judgment lien which attaches to all property of the debtor rather than the lien of, for example, a trust deed, which attaches only to specific property. (2) The right of a creditor to hold personal property of a debtor for payment of a debt not associated with the property being held. Must be done under an agreement since against general precepts of law.


Further Suggestions

General Agreement on Tariffs and Trade
General ledger
General Average Contribution
General revenue
General partnership
general obligation bond
General Average
general lien
General Agreement on Tariffs and Trade (GATT)
general personal equity plan
General cash offer
General Membership
General partner
Computable general equilibrium
Generalized System of Preferences
General Agreement on Trade in Services
extraordinary general meeting
General lien
General Mortgage Bond
Generally Accepted Accounting Principles (GAAP)


 
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