CARTE BLANCHE Definition

Bookmark and Share

CARTE BLANCHE is unrestricted power to act at ones own discretion, i.e. unconditional authority.

Learn new Accounting Terms

FREIGHT FORWARDER is an individual or firm that provides for the packing and shipping of merchandise. Generally they also assist with export and other documentation.

GROSS DOMESTIC PRODUCT (GDP) is the value of all the goods and services produced by workers and capital located within a country (or region), such as the United States, regardless of nationality of workers or ownership. Domestic measures relate to the physical location of the factors of production; they refer to production attributable to all labor and property located in a country. The national measures differ from the domestic measures by the net inflow -- that is, inflow less outflow -- of labor and property incomes from abroad. Gross Domestic Product includes production within national borders regardless of whether the labor and property inputs are domestically or foreign owned.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.