Glossary

A method of payment for goods in which the buyer pays the seller in advance of the shipment of goods. Usually employed when the goods, such as specialized machinery, are built to order.

A method of payment for goods in which cash is paid at the time of order and the transaction becomes binding on both buyer and seller.

Abbreviation for “Cubic Meter.”

A mark or label indicating the cargo conforms to standards required by China for certain products.

Abbreviation for “Consumption Entry.” The process of declaring the importation of foreign–made goods for use in the United States.

A mark or label indicating the cargo conforms to standards required by the European Union for certain products.

The construction system employed in container vessels; permits ship containers to be stowed in a vertical line with each container supporting the one above it

The point of equilibrium of the total weight of a containership, truck, train or a piece of cargo.

– A document certifying that merchandise (such as perishable goods) was in good condition immediately prior to its shipment. – The document issued by the U.S. Coast Guard certifying an American – Flag…

A certified document showing the origin of goods; used in international commerce.