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Free port

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free port

–noun
1. a port or special section of a port where goods may be unloaded, stored, and shipped without payment of customs duties.
2. a port open under equal conditions to all traders.

Origin:
1705–15
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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free port  
n.  A port or an area of a port in which imported goods can be held or processed free of customs duties before reexport.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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