- parallel import
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A legitimate product imported from another country without the permission of the intellectual property owner.
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parallel import
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parallel import — UK US noun ECONOMICS ► [C, usually plural] products that are bought in one country in an unofficial way and then sold more cheaply than usual in a different country: »The company has asked the government to deal with low cost parallel imports. ►… … Financial and business terms
parallel import — Imports by third parties of licensed products, or products covered by an exclusive selling arrangement or intellectual property rights, into a licensee s or dealer s allocated sales territory, in circumstances where those products have been… … Law dictionary
Parallel import — A parallel import is a non counterfeit product imported from another country without the permission of the intellectual property owner. Parallel imports are often referred to as grey product, and are implicated in issues of international trade,… … Wikipedia
parallel import — /pærəlɛl ˈɪmpɔt/ (say paruhlel impawt) noun 1. a product imported under parallel importation. –verb (t) 2. to import under parallel importation. –parallel importing, noun …
parallel import restriction — noun a legal provision that restricts or prohibits parallel importation. Abbrev.: PIR …
parallel — par‧al‧lel [ˈpærəlel] adjective [only before a noun] 1. ECONOMICS COMMERCE parallel goods, imports etc are sold avoiding the distribution channel S (= ways of making goods available to the public) approved by the makers: • Luxury brands … Financial and business terms
Parallel — may refer to: Mathematics and science * Parallel (geometry) * Parallel (latitude), an imaginary east west line circling a globe Proper name * Parallel (manga), a shōnen manga by Toshihiko Kobayashi * Parallel (video), a video album by R.E.M. *… … Wikipedia
import — ▪ I. import im‧port 1 [ˈɪmpɔːt ǁ ɔːrt] noun 1. [countable usually plural] COMMERCE something that is made in one country and brought into another, usually in order to be sold there: • The shops are full of cheap imports. 2. [countable usually… … Financial and business terms
import — {{Roman}}I.{{/Roman}} noun ADJECTIVE ▪ main, major ▪ foreign, overseas ▪ Australian, Japanese, etc. ▪ … Collocations dictionary
parallel — {{Roman}}I.{{/Roman}} noun ADJECTIVE ▪ direct, exact ▪ clear, close, obvious, strong ▪ interesting, striking … Collocations dictionary
