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LSDefine
Simple English definitions for legal terms
exportation
Read a random definition: owned-property exclusion
A quick definition of exportation:
Exportation: Exportation means sending things from one country to another. These things can be goods or merchandise, which are things that people buy and sell. For example, a company in the United States might export cars to a company in Japan. This means they are sending the cars from the US to Japan so that people in Japan can buy and use them.
A more thorough explanation:
Definition: Exportation is the process of sending or transporting goods and products from one country to another.
Example: A company in the United States sells cars to a dealership in Japan. The cars are loaded onto a cargo ship and transported across the Pacific Ocean. This is an example of exportation.
Explanation: In this example, the company in the United States is exporting their cars to Japan. They are sending their products to another country for sale or distribution. This is a common practice in international trade, where countries specialize in producing certain goods and then export them to other countries where they are in demand.