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Glossary of Terms
S
  Sister ships

Ships of the same class and specifications typically built at the same shipyard.

 
  SWIFT

Society for Worldwide Interbank Financial Transactions

 
  Substantial Suppliers

If a country supplies approximately 10 percent of the trade in a given item imported to a second country, the first country is said to have a substantial supplier status.

 
  Subsidy

There are two general types of subsidies: export and domestic. An export subsidy is a benefit conferred on a firm by the government that is contingent or exports. A domestic subsidy is a benefit not linked to exports, conferred by the government upon a specific industry or enterprise or group of industries or enterprises.

 
  Strd.

Standard

 


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