Business Dictionary

Embargo

Written by: Dr. Tibor Palánkai Sunday, November 30, 2014

The word embargo came from the Spanish embargar which means to stop, prevent or hold back. In international relations it is a detrimental and special (not applied in normal trading practice) measure that has an intentionally punitive characteristic.

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Tags: tolls, taxes, special, tools, monetary, government, investor, loan, finance

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