Retention

{
  "id": "MLC-T-ECS-001689",
  "term": "Retention",
  "field": "Economic statistics",
  "definition": "The necessary act of keeping all documentation pertaining to an export transaction for a period of at least five years for an Electronic Export Information (EEI) filing, or a time frame designated by the controlling agency for licensed shipments, whichever is longer.",
  "subject": "Foreign trade",
  "see_also": [
    "Electronic Export Information",
    "Statistics about Foreign Trade"
  ],
  "references": [
    "U.S. Census Bureau Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/retention/"
}