Glossary of Legal Terms
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Transfer of commodities or means of transportation, after their clearance, by customs authorities of the Azerbaijan Republic to complete disposal of a person (entity)
Is a totality of securities of one emitter, providing their owners with equal rights, terms of issue (initial distribution) and registered under one and the same state registration number
Financial institution ensuring tender proposal of consignor (contractor), obligations on performance of procurement contract and other payment instruments
Are securities, which are distributed by separate issues and have equal amount and terms of rights realization independent of the term of purchase
The scope of work (services) to be performed by an employee in one or several positions (professions) as stipulated in the employment contract
A union of employees who have established labor relations with an employer and who are employed at appropriate places of work and who have the authority to collectively implement the labor, social and economic rights specified by this Code and other Normative Legal Acts and to protect their lawful interests
Is a combination of works (services), stipulated by the individual labour contract, which the employee should execute (render) in accordance with one or several positions, specialities or professions. The amount of labour function is regulated by the individual labour contract according to the General Directory of Tariffs and peculiarities, ratified in the legally established order
Enterprises, companies and organisations, directly or indirectly participating in implementation of customs operations which have been registered as required by legislation
Structure defined under the Civil Code of the Azerbaijan Republic
Enterprises and entities established with the status of legal person in accordance with the legislation of Azerbaijan Republic or legislation of foreign state