free port
Word Rarity
Uncommon
Frequency: Zipf frequency 4.68 in modern English
13
Scrabble Score
8
Letters
2
Syllables
6
Unique Chars
Meaning
noun
A port or other area with relaxed jurisdiction of customs, tax rule or related national regulations.
Example Sentences
- "Iris scanners, magnetic locks, and a security system known as Cerberus guard the freeport’s storerooms, whose contents are said to be insured for a hundred billion dollars, but the facility retains a blue-collar feel. […] A freeport offers few tax advantages and scarcely any security features that a standard bonded warehouse cannot provide. But Bouvier’s development in Singapore carried within it two ideas. The first is that freeports will become hubs in the sixty-billion-dollar international art market, destinations in themselves—places for scholars, restorers, insurers, art-finance specialists, consultants, and dealers."