General Agreement on Tariffs and Trade (GATT)
A multilateral trade agreement that came into force in 1948.
Related Articles
Partnership
The relationship which subsists between two or more persons carrying on business with a view to profit. In Canada, a partnership is not a separate legal person like a corporation. Partnerships are governed by the laws of the jurisdiction in which ...
Trade Secret
A type of Intellectual Property (IP) a trade secret is information, expertise or know-how (for example, formulas, drawings, patterns, compilations, programs, devices, methods, techniques or processes) that: Provides an economic or competitive ...
US Generally Accepted Accounting Principles (US GAAP)
The generally accepted accounting principles used to prepare the financial statements of companies in the United States.
Intellectual Property (IP)
Intangible products of human intellect from which ownership (title) and other legal rights can arise. Certain categories of IP that are protected under Canadian law are patents, copyrights, trademarks, industrial designs and trade secrets.
Prime Rate
Also known as prime interest rate or prime lending rate. The lowest annual rate of interest that a Canadian commercial bank makes available to its best and most creditworthy customers. A bank may, however, charge an interest rate that is below its ...