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Compensation
Compensation
Compensation
Compensation
Compensation

The following information is about Compensation.

Compensation Defined

A GATT principle which holds that if any member country raises a tariff above its bound rate, withdraws a binding or otherwise violates a trade concession with GATT justification, the party must lower other tariffs or make other concessions to offset the disadvantage suffered by trading partners or face offsetting actions (retaliation) by affected parties.

This definition is in context to Shipping. See more contextual defintions for Compensation.


Are you looking for additional Shipping > Compensation news? Try our new "Compensation News Focus" area.

Off-site Compensation Links, User Submitted

The following links have been collected through user bookmark submission in the Compensation category. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.

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  • Financial Services Compensation Scheme -what it means for charities: "We know that many charities are not sure whether they are eligible to claim compensation for the loss of their savings and deposits should their bank or building society fail. We have received a number of enquiries on this subject recently and hope that this guidance tailored specifically for charities and their trustees will be of help."

If you would like to find additional social bookmark based links on the topic of we recommend the Open Tag Directory > Compensation. If you would like to find related tags we recommend Tag Patterns > Compensation

Off-site Compensation Research Links

If you still need additional information on Compensation then we suggest the following off-site resources. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.

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