"Today's victory was an offset to yesterday's defeat."
°(international trade) A form of countertrade arrangement, in which the seller agrees to purchase within a set time frame products of a certain value from the the buying country. This kind of agreement may be used in large international public sector contracts such as arms sales.
"Today's victory was an offset to yesterday's defeat."
°(international trade) A form of countertrade arrangement, in which the seller agrees to purchase within a set time frame products of a certain value from the the buying country. This kind of agreement may be used in large international public sector contracts such as arms sales.