„Grantee“

What does Grantee stand for?

1. One to whom a grant is made; a grant being the giving or permitting as a right or privilege, an authority, a power, a license, or a property.

2. (USA) As to foreign trade zones in the US, a corporation to which the privilege of establishing, operating, and maintaining a foreign trade zone has been granted by the Foreign Trade Zone Board.

Source:

“Dictionary of International Trade” by Edward G. Hinkelman, 9th Edition, World Trade Press, 2010. Pages 78-79.

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