TERMIUM Plus®

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FRAIS NON-OBJECTION [1 record]

Record 1 2001-06-18

English

Subject field(s)
  • Foreign Trade
  • Commercial Aviation
DEF

Sum of money paid by a charter airline normally to a scheduled airline in order that it waives its right of objection to its government, thus allowing a charter to take place. Tantamount to a bribe. The amount is usually a fixed percentage of the gross cost of a charter. Common practice in the Middle East and Africa.

French

Domaine(s)
  • Commerce extérieur
  • Aviation commerciale

Spanish

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