embargo


Also found in: Dictionary, Thesaurus, Legal, Encyclopedia, Wikipedia.
Related to embargo: War of 1812

Embargo

The legal prohibition of the sale of goods to or purchase of goods from a country. An embargo may be partial. For instance, a country may boycott all bananas from a certain country. An embargo usually occurs for political or security reasons. For example, in 1962 the United States imposed an embargo on nearly all trade with Cuba in response to the nationalization of American business interests in Cuba.

embargo

the prohibition of the IMPORT and EXPORT of particular types of product (for example, military equipment) or a complete ban on trade with a particular country as an adjunct to the political policies pursued by the government.
References in periodicals archive ?
15) While new loans created dropped significantly during the embargo years, many of the loans reported on the banks' balance sheets undoubtedly were of longer term and possibly "troubled" or uncollectible.
Phasing out the embargo and allowing American firms to invest in Cuba will also help to stop the exodus of Cuban refugees coming to the US, whose arrival represents additional social, that is welfare expenditures.
The production of cigarettes decreased by 14% from 522m to 449m but surprisingly, in spite of the embargo, sugar production rose by 16% in 1996 up to 17,755 metric tonnes and the production of cotton oil also increased by 10.
Imagine that, if the UN Security Council lifts the oil embargo on Iraq on May 17, 1999, exactly a year later (May 17, 2000) about 2.
The embargo was imposed when violence erupted in East Timor last September following a historic independence referendum.
Sensible Republicans are saying, as we have long advocated, that the embargo should be lifted.
The immediate lifting of the sanctions would drastically reduce the number of Iraqi children who will die in the upcoming months from malnutrition and disease and would relieve the suffering of the innocent Iraqi population which is now bearing the burden of the embargo.
The timing for an end of the embargo couldn't be better.
The easing of Internet connections to the island has many people wondering how long the embargo can last.
Under ASCO's embargo rule, journalists can't report on the abstracts even if they get the information from a third party, so the public is left out.
Each embargo is implemented through an independent set of regulations.
If we really want to invade Cuba with democracy, the best way is to lift the embargo, not impose the embargo," said Edgar, a United Methodist minister and a former six-term Democratic congressman from Pennsylvania.