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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
1705-1715
1705-15
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples for free port
  • The capital of this resource-poor nation profits as a regional banking center with a free port and modern air facilities.
  • Macau is a free port with no import tariffs or other taxes on imported products.
British Dictionary definitions for free port

free port

noun
1.
a port open to all commercial vessels on equal terms
2.
Also called free zone. a zone adjoining a port that permits the duty-free entry of foreign goods intended for re-export
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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