Simple English definitions for legal terms
Read a random definition: carveout
International Association: A group of people from different countries who work together towards a common goal. It is like a team made up of people from all over the world.
Definition: An international association is a group or organization that operates in multiple countries and has members from different parts of the world. These associations are formed to promote a common interest or goal and to facilitate communication and collaboration among members.
Example: The International Olympic Committee (IOC) is an example of an international association. It is responsible for organizing the Olympic Games, which brings together athletes from all over the world to compete in various sports. The IOC has members from different countries and works to promote the Olympic values of excellence, friendship, and respect.
Explanation: The example of the International Olympic Committee illustrates how an international association operates across borders and brings together people from different parts of the world. The IOC's mission is to promote sports and physical activity, and it does so by organizing the Olympic Games, which is a global event that attracts millions of viewers and participants. The IOC's members work together to ensure that the games are fair, safe, and enjoyable for everyone involved.
international application originating in the United States | International Bank for Reconstruction and Development