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abanderamiento

Also spelled: bandera de conveniencia · registro de naves

Definition

Registering a foreign ship under the Panamanian flag. Panama runs the largest ship registry in the world, a significant source of both national income and international reputation.

Example

The ship is greek, but it's flagged in Panama.Ese barco es griego pero tiene abanderamiento panameño (o tiene bandera panameña)

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Where it is used
nationwide
Currency
in use today

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