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free port
noun
- a port or special section of a port where goods may be unloaded, stored, and shipped without payment of customs duties.
- a port open under equal conditions to all traders.
free port
noun
- a port open to all commercial vessels on equal terms
- Also calledfree zone a zone adjoining a port that permits the duty-free entry of foreign goods intended for re-export
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Word History and Origins
Origin of free port1
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Example Sentences
In 1949, an executive with the newly reformed BASF toured Dow Chemical’s plant in Freeport, Texas.
Subsequently the bonding and not the free port system was adopted in the United Kingdom.
The free port was, however, changed into a “deposito franco” by a law passed in 1865, and only storing privileges now remain.
It was a free port and had a considerable trade in wool and wine.
If we should be held rigidly to this, the appointment of a free port will be of great importance to our interests.
It would be of great service, if among them we could get a free port or two for the sale of prizes, as well as for commerce.
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[gal-uh-maw-free ]
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