Lomé Convention


 

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Lomé Convention

An agreement originally signed in 1975 committing the EU to programs of assistance and preferential treatment for the ACP Countries. The Lomé Convention was replaced by the Cotonou Agreement in June 2000.



Similar Matches

Conventional project

Conventional project

A project with a negative initial cash flow (cash outflow), which is expected to be followed by one or more future positive cash flows (cash inflows).


Accrual Accounting Convention

Accrual Accounting Convention

An accounting system that tries to match the recognition of revenues earned with the expenses incurred in generating those revenues. It ignores the timing of the cash flows associated with revenues and expenses.


Conventional option

Conventional option

An option contract arranged off the trading floor and not traded regularly.


Dates convention

Dates convention

Treating cash flows as being received on exact dates-date 0, date 1, and so forth-as opposed to the end-of-year convention.


Historical Cost Accounting Convention

Historical Cost Accounting Convention

An accounting technique that values an asset for balance sheet purposes at the price paid for the asset at the time of its acquisition.


Further Suggestions

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Vienna Convention


 
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