Embargoed Meaning: Definition and Examples
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embargoed
[ɪmˈbɑːrɡoʊd ]
Definition
trade restriction
Embargoed refers to a situation where trade or commerce with a specific country is prohibited or restricted due to political reasons or sanctions. This term is often used in international relations and can encompass a wide range of goods and services. Embargoes are typically imposed by governments and international organizations as a reaction to actions taken by the target nation, such as human rights violations, armed aggression, or the pursuit of nuclear weapons. When a nation is under an embargo, it may find its economy severely impacted, leading to shortages of essential goods and services. The term can also extend to information or media that is not to be released until a specified time.
Synonyms
halted, prohibited, restricted.
Examples of usage
- The country was embargoed after its military actions.
- Media reports were embargoed until the official announcement.
- Certain materials were embargoed to prevent their proliferation.
- The trade embargo affected the local economy significantly.
Interesting Facts
Historical Context
- One of the most notable embargoes was the U.S. embargo against Cuba, enacted in 1960, which is still largely in place.
- The Oil Embargo of 1973 led to significant changes in global energy policies and increased fuel prices worldwide.
- Embargoes have often been used as political tools to apply pressure without resorting to military action.
International Relations
- Countries might impose embargoes for reasons such as human rights violations, military conflicts, or trade disputes.
- The United Nations can issue embargoes to restrict trade with nations that pose threats to peace or security.
- Despite their intended purposes, embargoes can sometimes negatively affect the civilian population more than the targeted government.
Pop Culture
- Embargoes are often depicted in movies and TV shows, illustrating tense political scenarios where countries refuse to trade.
- Songs and literature sometimes reference the concept, metaphorically using 'embargo' to describe personal restrictions or barriers.
- The idea of an embargo has inspired discussions in documentaries about global trade dynamics and ethical consumption.
Economics
- Economic embargoes can result in significant financial impacts, both for the targeted countries and the ones enforcing them.
- They may lead to increased prices and scarcity of goods in the affected nations, influencing the global market.
- The effectiveness of embargoes can vary, often depending on the strength of international support and enforcement.
Origin of 'embargoed'
Main points about word origin
- The word comes from the Spanish word 'embargar', meaning 'to hinder or impede'.
- The term evolved in the English language during the early 17th century, originally meaning 'to hold back'.
- Initially used in maritime contexts, it referred to ships being prevented from leaving port.
The term 'embargo' originates from the Spanish word 'embargar', which means to seize or hinder. This Spanish term itself is derived from the late Latin 'imbarricare', meaning to block or hinder a ship, indicating an action to restrict movement, particularly in maritime contexts. The concept of an embargo has been used since the early modern period, particularly in relation to trade and naval blockades, as countries aimed to exert political pressure or respond to hostile actions by other nations. The use of the word 'embargoed' became more common in the 20th century, especially during conflicts such as the Cold War, when various nations enacted embargoes as a form of economic warfare. Today, embargoes can be applied for a range of reasons, including human rights abuses, environmental issues, and international disputes, reflecting the complex interplay of global diplomacy and trade.