establishment

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establishment

[i′stab·lish·mənt]
(oceanography)
The interval of time between the transit (upper or lower) of the moon and the next high water at a place.
References in periodicals archive ?
In particular, these criteria relate to the number of agents operating in the host MS under the right of establishment and the value and volume of transactions carried out through agents in the host MS.
The free movement of services is closely linked to the free movement of people and the right of establishment.
The Commission is concerned that certain provisions of that law could act as a disincentive on investment from other member states in violation of EC treaty rules on the free movement of capital and the right of establishment,' the Commission said.
The Commission is concerned that certain special rights given to the Danish government in the Act on Copenhagen Airports and the Articles of Association of Copenhagen Airports could impede investment and so constitute barriers to the freedom of capital movements and the right of establishment," the Commission said.
It assures right of establishment for firms from one signatory country in another, the right to majority ownership of local firms by foreign ones, and equal treatment by national authorities for foreign and local companies.
In principle, while the freedom to provide services provision focuses on cross-border activities, the right of establishment applies to activities a foreign EU citizen engages in from an establishment within another EU country.
The right of establishment prohibits requiring "a service provider of another Party to establish or maintain a representative office, branch or any form of enterprise, or to be resident in its territory as a condition for the cross-border provisions of service.
Although the right of establishment and the right to provide services in other member states without being subject to any restrictions based on nationality were set forth in the Treaty of Rome, legislative action by the Community and decisions of the European Court of Justice have been necessary to give practical effect to these rights.