- flag of convenience
- Date: 1956 registry of a merchant ship under a foreign flag in order to profit from less restrictive regulations
New Collegiate Dictionary. 2001.
flag of convenience
Look at other dictionaries:
flag of convenience — ˌflag of conˈvenience noun flags of convenience PLURALFORM [countable] TRANSPORT the national flag of certain countries which are willing to register a ship owned by someone who is a citizen of another country. Owners sometimes register their… … Financial and business terms
flag of convenience — n. the flag of the foreign country in which a fishing vessel, tanker, etc. is registered, usually so as to avoid taxes, regulations, etc. in the home country of the vessel s owner … English World dictionary
Flag of convenience — This article is about merchant shipping. For the general business strategy, see Flag of convenience (business). The MOL Pride, owned and operated by the Japanese company Mitsui O.S.K. Lines, flying the flag of Liberia.[1] The term … Wikipedia
flag of convenience — registry of a merchant ship under a foreign flag in order to compete with ships of foreign nations must operate under a flag of convenience or go out of business Walter Hamshar * * * ˌflag of conˈvenience [flag of convenience] noun a flag of a… … Useful english dictionary
flag of convenience — If a ship, boat or yacht sails under a flag of convenience, it is registered in a foreign country in order to avoid regulations and taxes, and reduce operating costs … English Idioms & idiomatic expressions
flag of convenience — In international maritime practice, the registering of a ship in a country other than the ship’s country of origin. A flag of convenience tends to be used to simplify administrative requirements, or to avoid or minimize taxation and regulatory… … Auditor's dictionary
Flag Of Convenience (banda) — Saltar a navegación, búsqueda Flag Of Convenience Información personal Origen Manchester, Reino Unido … Wikipedia Español
Flag of convenience (business) — For the term as used in dealing with ships and similar vessels, see Flag of convenience. In business and commerce, the term flag of convenience is the use of a place, jurisdiction, state or country as a nominal (in name only) home base for one s… … Wikipedia
flag of convenience — The national flag of a small country, such as Panama, Liberia, Honduras, or Costa Rica, flown by a ship that is registered in one of these countries, although the ship is owned by a national of another country. The practice of registering ships… … Big dictionary of business and management
flag of convenience — noun a) Registration of a ship in a country chosen for its low taxes, permissive regulations, and so on. b) The flag flown by a ship so registered (which flag then corresponds to the country of registration) … Wiktionary
