Franco

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Franco

Francisco , called el Caudillo. 1892--1975, Spanish general and statesman; head of state (1939--1975). He was commander-in- chief of the Falangists in the Spanish Civil War (1936--39), defeating the republican government and establishing a dictatorship (1939). He kept Spain neutral in World War II
Collins Discovery Encyclopedia, 1st edition © HarperCollins Publishers 2005
The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.

Franco

 

a term used to describe a sale in which the seller pays for part of the transport charges, that is, sales in which goods are delivered free to a certain point. When applied to specific cases, the term “franco” is replaced by “free.” For example, in sales that are free alongside ship (f.a.s.), the seller bears the expense of transporting the goods to the wharf. In free on board (f.o.b.) sales, the seller will also pay for loading the goods on the ship; loading charges are also borne by the seller in free on truck sales and free on rail sales. With sales that are concluded on the basis of delivered prices, the seller pays for all transport charges, including the charges for unloading the goods at the premises of the purchaser. In ex factory sales, however, the buyer bears all transport costs after the goods leave the warehouse of the seller.

The General Conditions of Delivery of the Council for Mutual Economic Assistance provide for franco sales for goods shipped by rail, motor vehicle, or air, as well as for goods sent by mail.

The Great Soviet Encyclopedia, 3rd Edition (1970-1979). © 2010 The Gale Group, Inc. All rights reserved.
References in periodicals archive ?
Holly Clark and Harvey Childe, aged seven, try out smoothies at Franche Primary School with catering manager Victoria Forrester.
"We hope the anti-social behaviour order on Farr, in conjunction with existing Section 30 dispersal order in parts of Franche and Marlpool, will make a difference and that young people will take heed."
Pam Dunstone with children at Franche Children's Centre.
Mustafa a dit que la reunion a decide de mettre en place des comites techniques afin de developper une politique pour les marches et les zones franches et d'elaborer une etude sur les propositions pour l'etablissement de zones franches dans tous les Etats du pays.
Oussama Saleh, directeur de l'Organisme General de l'Investissement et des Zones Franches, a exprime l'assurance que ces nouvelles initiatives donneront une forte impulsion aux petits et moyens projets.
Cette initiative s'inscrit en fait dans le cadre de l'accord de cooperation liant l'Organisme General de l'Investissement et des Zones franches et le projet canadien de soutien des services de developpement des affaires, autres que celles de financement, qui sont dispenses aux petits et moyens projets, ce projet etant finance par l'Agence Canadienne de Developpement International.