Legal Definitions - import

Definition: Import refers to the process of bringing goods or products from a foreign country into a country where they will be sold or used. It can also refer to the significance or meaning of something.

Examples:

1. Imports declined in the third quarter. This means that fewer products were brought into the country from foreign countries during that time period.
2. The import of products affects the domestic economy in significant ways. This means that the process of importing goods can have a big impact on the economy of the country where they are being sold or used.
3. The court must decide the import of that obscure provision. This means that the court needs to determine the meaning or significance of a particular provision or rule.
4. Time will tell the relative import of Judge Posner's decisions in American law. This means that it will take time to understand the significance or importance of Judge Posner's decisions in the context of American law.

The examples illustrate how the term "import" can be used in different contexts. In the first two examples, it refers to the process of bringing goods into a country and the impact that can have on the economy. In the third example, it refers to the meaning or significance of a particular provision or rule. In the fourth example, it refers to the importance or significance of a particular person's decisions in the context of American law.