voluntary restraint

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• voluntary restraint agreement — ➔ agreement * * * voluntary restraint agreement UK US noun [C] (ABBREVIATION VRA) COMMERCE ► VOLUNTARY EXPORT RESTRAINT(Cf. ↑voluntary …   Financial and business terms

• voluntary Restraint Agreement — In relation to Japanese manufacturers exporting to the United States (no longer in effect) …   Dictionary of automotive terms

• voluntary export restraint — UK US noun [C] (ABBREVIATION VER, also voluntary export restriction, voluntary restraint agreement) COMMERCE ► an agreement between two countries that limits the number of goods of a particular type that one of the countries can sell to the other …   Financial and business terms

• Restraint Agreement — See Voluntary Restraint Agreement …   Dictionary of automotive terms

• restraint of trade — ► COMMERCE an illegal agreement that damages someone s ability to do business: »Any contract which interferes with the free exercise of his trade or business is a contract in restraint of trade. → See also PRICE RESTRAINT(Cf. ↑price restraint),… …   Financial and business terms

• voluntary export restriction — UK US noun [C] COMMERCE ► VOLUNTARY EXPORT RESTRAINT(Cf. ↑voluntary export restraint) …   Financial and business terms

• restraint — noun 1 limit/control on sth ADJECTIVE ▪ voluntary ▪ agreements on voluntary export restraints ▪ conventional ▪ What happens when the conventional restraints on human cruelty are removed? ▪ …   Collocations dictionary

• restraint — [[t]rɪstre͟ɪnt[/t]] restraints 1) N VAR: usu with supp, oft N on n Restraints are rules or conditions that limit or restrict someone or something. The Prime Minister is calling for new restraints on trade unions... With open frontiers and lax… …   English dictionary

• voluntary payment — A payment of an illegal demand, with a full knowledge of all the facts which render the demand illegal, without an immediate and urgent necessity therefor, unless it is to release his person or property from detention or to prevent an immediate… …   Ballentine's law dictionary

• restraint — A device used to halt the movement of something. See head restraint child restraint system passive restraint system rear head restraints supplementary inflatable restraint voluntary Export Restraint …   Dictionary of automotive terms

• Voluntary Export Restraints — A voluntary export restraint (VER) is a restriction set by a government on the quantity of goods that can be exported out of a country during a specified period of time. Often the word voluntary is placed in quotes because these restraints are… …   Wikipedia