Glossary

A draft drawn on the buyer, usually accompanied by documents, with complete instructions concerning processing for payment or acceptance.

A firm that acts as an export sales agent for more than one non–competing manufacturer.

A rate made up of two or more factors, separately published.

Represents a complete record of the transaction between exporter and importer with regard to the goods sold. Also reports the content of the shipment and serves as the basis for all other documents…

Any ship which is used primarily in commerce (1) For transporting persons or goods to or from any harbor(s) or port(s) or between places within a harbor area; (2) In connection with the…

Article shipped. For dangerous and hazardous cargo, the correct commodity identification is critical.

A rate published to apply to a specific article or articles.

A transportation company which provides service to the general public at published rates.

Law that derives its force and authority from precedent, custom and usage rather than from statutes, particularly with reference to the laws of England and the United States.

Is the person designated by the company for ensuring that a ship security assessment is carried out and that a ship security plan is developed, submitted for approval and thereafter implemented and maintained…