Related Entries of the International Encyclopedia:

1. Kompass Kompass in International Trade Meaning of Kompass, according to the Dictionary of International Trade (Global Negotiator): Kompass is the leading online global business directory with nearly 4 million registered businesses in 60 countries. The search can be done by country, product or company [...]...
2. Facilitation Payment Facilitation Payment in International Trade Meaning of Facilitation Payment, according to the Dictionary of International Trade (Global Negotiator): A payment or consideration given to a government official or employee in order to get them to do what they should have done anyway. Unlike a [...]...
3. Surety Bond Surety Bond in International Trade Meaning of Surety Bond, according to the Dictionary of International Trade (Global Negotiator): A surety bond is a guaranty, usually issued by an insurance or surety company, that a particular party will perform according to a contract. In order to collect [...]...
4. Drawing Drawing in E.U. Patent SystemOne or more specially-prepared figures filed as a part of a patent application to explain and describe the invention. Drawings (or illustrations, where appropriate) are more commonly found with inventions for mechanical or electrical devices. As a rule, chemical [...]...
5. Documents Against Payment Documents Against Payment (D/P) in International Trade Meaning of Documents Against Payment (d/p), according to the Dictionary of International Trade (Global Negotiator): Collection terms of payment that require the drawee to pay a draft prior to receiving the accompanying documents. [...]...
6. Patent Law Treaty U.S. Joins Patent Law Treaty as a Contracting Party in 2013 United States views on international law [1] in relation to U.S. Joins Patent Law Treaty as a Contracting Party: On September 18, 2013, U.S. Ambassador to the UN in Geneva Betty King deposited the U.S. instrument of ratification [...]...
7. Royalties In the United States For information about Royalties in the context of international trade, click here Royalties and the Laws of International Trade Royalties Intellectual Property and Competition Law Royalties in International Trade Meaning of Royalties, according to the Dictionary of [...]...
8. Offshoring Offshoring in International Trade Meaning of Offshoring, according to the Dictionary of International Trade (Global Negotiator): Offshoring occurs, when a company moves all or some of its activities to another country. When the costs of running a company are cheaper in another country, the [...]...
9. Expiry Date Expiry Date in E.U. Patent SystemThe date when a patent has run its full term in a country and is no longer protected there (see alsoLapse, Withdrawn)....
10. Bill-to Party Bill-to Party in International Trade Meaning of Bill-to Party, according to the Dictionary of International Trade (Global Negotiator): In shipping, refers to the party designated on a bill of lading as the one responsible for payment of the freight charges; this can be the shipper,. freight [...]...
11. Cash Against Documents Cash Against Documents (CAD) in International Trade Meaning of Cash Against Documents (CAD), according to the Dictionary of International Trade (Global Negotiator): Payment terms used in bank collections that require the drawee to pay before receiving certain documents. Typically, the drawer [...]...
12. Dispatch Money Dispatch Money in International Trade Meaning of Dispatch Money, according to the Dictionary of International Trade (Global Negotiator): An incentive payment offered by a shipowner or a charterer in exchange for completing loading or unloading in less time than is specified in the charter [...]...
13. Letter of Introduction Letter of Introduction (LOI) in International Trade Meaning of Letter of Introduction (LOI), according to the Dictionary of International Trade (Global Negotiator): A statement, often by a third party, in letter form, that briefly profiles a company with an eye toward doing business together. [...]...
14. Third-party Beneficiary Third-party Beneficiary in International Trade Meaning of Third-party Beneficiary, according to the Dictionary of International Trade (Global Negotiator): An individual or legal entity that benefits from, but it not a contracting party of, a contract between two or more other individuals or [...]...
15. Limited Liability Company Gmbh (Gesellschaft Mit Beschränker Haftung) in Company Law Meaning of Gmbh (Gesellschaft Mit Beschränker Haftung), according to the Dictionary of International Trade (Global Negotiator): In German speaking countries (Austria, Germany, Switzerland) a designation for a private limited [...]...
16. Bid Bond Bid Bond in International Trade Meaning of Bid Bond, according to the Dictionary of International Trade (Global Negotiator): A bond or guaranty, which has been issued as security for one party's bid. If that party, known as the principal, wins the biding process and then fails to take up [...]...
17. Telegraphic Transfer Telegraphic Transfer in International Trade Meaning of T/T (Telegraphic Transfer), according to the Dictionary of International Trade (Global Negotiator): Refers to an electronic wire transfer, usually in connection with payment in advance or payment by open account....
18. Applicant Applicant in E.U. Patent System The person or corporate body that applies for the patent and intends to 'work' the invention (to manufacture or license the technology). Under US law the applicants must be the inventor(s) except under exceptional circumstances. Definition of Applicant [...]...
19. Business Cooperation Contract Business Cooperation Contract (BCC) in International Trade Meaning of Business Cooperation Contract (BCC), according to the Dictionary of International Trade (Global Negotiator): An agreement by two companies to work together for mutual benefit, but without a long-term binding contract. Either [...]...
20. Holding Company Holding Company in International Trade Meaning of Holding Company, according to the Dictionary of International Trade (Global Negotiator): Holding companies are corporations that are created for the sole purpose of obtaining and managing a controlling interest in other companies. There are [...]...
21. Bottom Line Bottom Line in International Trade Meaning of Bottom Line, according to the Dictionary of International Trade (Global Negotiator): The last line in a financial statement indicating the profit of a company. In a contract, the line upon which a party signs....
22. Cash on Delivery Cash on Delivery (COD) in International Trade Meaning of Cash on Delivery (COD), according to the Dictionary of International Trade (Global Negotiator): A payment term under which payment for the shipped goods is to be made to the carrier at time of delivery. This practice is not recommended [...]...
23. Confidentiality Agreement Confidentiality Agreement in International Trade Meaning of Confidentiality Agreement, according to the Dictionary of International Trade (Global Negotiator): A type of contract used to protect sensitive technical or commercial information from disclosure to others. Such agreement is often [...]...
24. Deferred Payment Letter of Credit Deferred Payment Letter of Credit in International Trade Meaning of Deferred Payment Letter of Credit, according to the Dictionary of International Trade (Global Negotiator): A letter of credit that is not payable at sight but at a future time....
25. Managing Director Managing Director in International Trade Meaning of Managing Director, according to the Dictionary of International Trade (Global Negotiator): A managing director is someone who is responsible for the daily operations of a company, organization, or corporate division. In some countries, the [...]...
26. Spot Cash Spot Cash in International Trade Meaning of Spot Cash, according to the Dictionary of International Trade (Global Negotiator): Immediate cash payment in a transaction, as opposed to payment at some future time....
27. Payment Spanish Translation of payment and benefitsThis is the legal translation of English to Spanish in relation to payment or benefits and / or a definition of this topic: Prestación (in Spanish, without translation of the dictionary entry)....
28. Import Contract Import Contract in International Trade Meaning of Import Contract, according to the Dictionary of International Trade (Global Negotiator): The import contract is suitable when a company is buying goods from abroad by way of import in the course of a business to business transaction. The [...]...
29. Importer In the United States For information about Importer in the context of international trade, click here...
30. Cash in Advance Cash in Advance (CAI) in International Trade Meaning of Cash in Advance (CAI), according to the Dictionary of International Trade (Global Negotiator): Payment term in which the exporter receives payment before shipment of the goods. This minimizes the exporter's risk and financial costs, [...]...
31. Export Credit Insurance Export Credit Insurance in International Trade Meaning of Export Credit Insurance, according to the Dictionary of International Trade (Global Negotiator): Special insurance coverage for exporters to protect against non payment by the importer (coverage may extend to certain other risks, [...]...
32. Proof of Delivery Proof of Delivery (POD) in International Trade Meaning of Proof of Delivery (POD), according to the Dictionary of International Trade (Global Negotiator): A document required from the carrier or driver for proper payment. POD includes the time of delivery, full delivery address, and the name [...]...
33. Standby Letter of Credit A guarantee issued by a bank to a firm as security for the actions of a third party; in the event the third party does not perform specified acts (usually the payment of obligations) within a prescribed period, the beneficiary of the credit may unilaterally draw upon the letter of credit in [...]...
34. Subrogation Spanish Translation of subrogation This is the legal translation of English to Spanish in relation to subrogation and / or a definition of this topic: Subrogación (in Spanish, without translation of the dictionary entry). Subrogation in International Trade Meaning of Subrogation, [...]...
35. Cash With Order Cash With Order (CWO) in International Trade Meaning of Cash With Order (CWO), according to the Dictionary of International Trade (Global Negotiator): A payment term whereby the buyer remits the money at the time the order is placed. Under this term, the buyer is actually extending credit to [...]...
36. Packaging Film Packaging Film in International Trade Meaning of Packaging Film, according to the Dictionary of International Trade (Global Negotiator): Packaging film can produce a tightly wrapped package and is particularly useful in unitizing smaller packages on pallets. There are two types in common use: [...]...
37. Advance Payment Guarantee Definition of Advance Payment Guarantee in International Trade The following is a concept of Advance Payment Guarantee in the context of international trade law, from the Dictionary of International Trade (Global Negotiator): A guarantee that advance payments will be returned if the party [...]...
38. Shipper Shipper in International Trade Meaning of Shipper, according to the Dictionary of International Trade (Global Negotiator): As the party who contracts for carriage, the party who enters in a contract of carriage with a carrier and pays the carrier is in a position to give the carrier handling [...]...
39. Born Global Born Global in International Trade Meaning of Born Global, according to the Dictionary of International Trade (Global Negotiator): Born global is a type of company that from the beginning of its activities pursues a vision of becoming global and globalizes rapidly without any preceding long [...]...
40. Commercial Treaty Commercial Treaty in International Trade Meaning of Commercial Treaty, according to the Dictionary of International Trade (Global Negotiator): An agreement between two or more countries setting forth conditions under which business between or among the countries may be transacted. It may [...]...
41. Invisible Barriers to Trade Invisible Barriers to Trade in International Trade Meaning of Invisible Barriers to Trade, according to the Dictionary of International Trade (Global Negotiator): Government regulations that do not directly restrict trade, but indirectly impede free trade by imposing excessive or obscure [...]...
42. Subsidiary Subsidiary or Subordinate Election Management Body in Election Law An Election Management Body (EMB) that is not the primary or principal entity responsible for the organisation of elections within a given state. It may be regional or local. Subsidiary in International Trade Meaning of [...]...
43. Bearer Bearer in International Trade Meaning of Bearer, according to the Dictionary of International Trade (Global Negotiator): A person who possesses a bearer document and who is entitled to payment of funds or transfer of title to property on presentation of the document to the payee or transferor. [...]...
44. Invisible Trade Invisible Trade in International Trade Meaning of Invisible Trade, according to the Dictionary of International Trade (Global Negotiator): Non-merchandise items such as freight, insurance, and financial services that are included in a country's balance of payments accounts (in the current [...]...
45. Loading Summary of Loading A risk premium in addition to interest charges and acceptance fees deducted by a bank or discount house from the face value of a bill of exchange (read here for further details) presented for discounting. This additional margin will vary, depending upon the quality of the [...]...
46. Assignee Spanish Translation of assignee This is the legal translation of English to Spanish in relation to assignee and / or a definition of this topic: Causa Habiente (in Spanish, without translation of the dictionary entry). Assignee in E.U. Patent System The person(s) or corporate body to whom all [...]...
47. Vocc Vocc in International Trade Meaning of Vocc, according to the Dictionary of International Trade (Global Negotiator): Vessel operating common carrier is a company that operates its own vessels. See also NVOCC....
48. Compensation Deal A semibarter arrangement in which goods are purchased partially in cash and partially with other goods.......
49. Principal Principal in International Trade Meaning of Principal, according to the Dictionary of International Trade (Global Negotiator): 1. In international contracts, an individual or legal entity who authorizes another party (agent, sales representative) to act on the principal's behalf. 2. In [...]...
50. Swift Swift in International Trade Meaning of Swift, according to the Dictionary of International Trade (Global Negotiator): Payment made through international electronic funds transfer via the system known as SWIFT (Society for Worldwide inter-bank Financial Telecommunications) offered by most [...]...
51. Days After Sight (D/S) Days After Sight in International Trade Meaning of Days After Sight, according to the Dictionary of International Trade (Global Negotiator): Payment term often used in conjunction with bank drafts and documentary credit....
52. Gauger Gauger in International Trade Meaning of Gauger, according to the Dictionary of International Trade (Global Negotiator): An individual or company that measures, gauges or otherwise inspected by approved commercial gauger for classification-verification purposes. See surveyor....
53. Import Clearance Import Clearance in International Trade Meaning of Import Clearance, according to the Dictionary of International Trade (Global Negotiator): The act of complying with the import regulations of an importing country. Generally, governments require some sort of import declaration. Depending on [...]...
54. In Trust In Trust (Documents) in International Trade Meaning of In Trust (documents), according to the Dictionary of International Trade (Global Negotiator): In documentary collections, when a bank releases documents to the importer/buyer to allow him to inspect them prior to payment....
55. Voidable Contract Voidable Contract in International Trade Meaning of Voidable Contract, according to the Dictionary of International Trade (Global Negotiator): A contract that is valid but that can be declared invalid at the request of one of the parties because of a defect or illegality in making it. For [...]...
56. Paying Bank Paying Bank in International Trade Meaning of Paying Bank, according to the Dictionary of International Trade (Global Negotiator): The bank designated in a letter of credit as the party that will honour drafts drawn under the L/C....
57. Sister Company Sister Company in International Trade Meaning of Sister Company, according to the Dictionary of International Trade (Global Negotiator): A sister company is a company with close affiliations to another company with a separate name and personnel. Both companies are owned by the same parent and [...]...
58. Smes Smes in International Trade Meaning of Smes, according to the Dictionary of International Trade (Global Negotiator): The acronym for small and medium size enterprises. While the definition varies, SMEs are generally considered to be companies that have no more than one-their capital held by a [...]...
59. Subcontractor Subcontractor in International Trade Meaning of Subcontractor, according to the Dictionary of International Trade (Global Negotiator): An individual, business, or company a supplier contracts to deliver or carry out any part of the supplier's contract obligations....
60. Usance Draft Usance Draft in International Trade Meaning of Usance Draft, according to the Dictionary of International Trade (Global Negotiator): A written demand for payment which comes due at a specific future date. Also called time draft....
61. Notify Party Notify Party in International Trade Meaning of Notify Party, according to the Dictionary of International Trade (Global Negotiator): The party to which a carrier should send notice of a shipment's arrival. This information is normally shown on the transport document or its electronic [...]...
62. Rescind Rescind in International Trade Meaning of Rescind, according to the Dictionary of International Trade (Global Negotiator): To cancel a contract. A contract may, for example, give one party a right to rescind if the other party fails to perform within a reasonable time....
63. Spot Exchange Spot Exchange in International Trade Meaning of Spot Exchange, according to the Dictionary of International Trade (Global Negotiator): The purchase and sale of foreign exchange for delivery and payment at the time of the transaction....
64. Straight Straight B/L in International Trade Meaning of Straight B/l, according to the Dictionary of International Trade (Global Negotiator): A non-negotiable bill of lading which specifies the consignee to whom the goods are to be delivered. It is used when payment for the goods has been made in [...]...
65. Patent Cooperation Treaty; with Regulations 4 Contents Patent Cooperation Treaty; with Regulations ConclusionNotesSee AlsoReferences and Further ReadingAbout the Author/s and Reviewer/sMentioned in these Entries Patent Cooperation ... Read more...
66. Premium Spanish Translation of premiumThis is the legal translation of English to Spanish in relation to premium and / or a definition of this topic: Prima (in Spanish, without translation of the dictionary entry)....
67. Put Option Spanish Translation of put optionThis is the legal translation of English to Spanish in relation to put option and / or a definition of this topic: Opción de Venta (in Spanish, without translation of the dictionary entry)....
68. Affiliate Company Definition of Affiliate Company in International Trade The following is a concept of Affiliate Company in the context of international trade law, from the Dictionary of International Trade (Global Negotiator): A Company that is less than 50% owned by a parent company; the parents acts as [...]...
69. Patent Fraud In the United States For information about Patent Fraud in the context of international trade, click here...
70. Patent Misuse In the United States For information about Patent misuse in the context of international trade, click here...
71. Consolidator Consolidator in International Trade Meaning of Consolidator, according to the Dictionary of International Trade (Global Negotiator): A company that provides consolidation services. Freight forwarders perform the functions of a consolidator. See consolidation....
72. Insurance Broker Insurance Broker in International Trade Meaning of Insurance Broker, according to the Dictionary of International Trade (Global Negotiator): An individual or firm who represents buyers of insurance and deals with insurance companies or their agents in arranging for insurance coverage for the [...]...
73. Surveyor Surveyor in International Trade Meaning of Surveyor, according to the Dictionary of International Trade (Global Negotiator): An individual or company that acting as an independent third-party expert examines and ascertains the condition of goods or transport equipment (specially ships). [...]...
74. Time Draft Time Draft in International Trade Meaning of Time Draft, according to the Dictionary of International Trade (Global Negotiator): A financial instrument demanding payment at a future fixed rate, or at a specified period of time after sight (30, 60, 90 day etc.), or after the date of issue. Also [...]...
75. Bank Draft Bank Draft in International Trade Meaning of Bank Draft, according to the Dictionary of International Trade (Global Negotiator): A payment order from a bank, similar to a cashier's cheque. A bank draft is considered cash and cannot be returned unpaid....
76. Confirming Confirming in International Trade Meaning of Confirming, according to the Dictionary of International Trade (Global Negotiator): A financial service in which an independent company confirms an export order in the seller's country and makes payment for the goods in the currency of that [...]...
77. Endorsee Endorsee in International Trade Meaning of Endorsee, according to the Dictionary of International Trade (Global Negotiator): The party in whose favour a document and/or the rights contained therein in transferred by signature of the endorser....
78. Endorser Endorser in International Trade Meaning of Endorser, according to the Dictionary of International Trade (Global Negotiator): The party executing transfer of a document and/or the rights contained therein by affixing his or her signature....
79. Settlement Date Settlement Date in International Trade Meaning of Settlement Date, according to the Dictionary of International Trade (Global Negotiator): In banking, the date on which payment for a transaction must be made....
80. CFS CFS Charge in International Trade Meaning of Cfs Charge, according to the Dictionary of International Trade (Global Negotiator): The charge assessed for services performed at the origin or destination for loading or unloading of cargo into/from containers at a CFS Container Freight Station....
81. Deal Breaker Deal Breaker in International Trade Meaning of Deal Breaker, according to the Dictionary of International Trade (Global Negotiator): A term or condition in a proposed transaction upon which negotiators for both sides cannot gain agreement and that can cause the transaction to fail. Deal [...]...
82. Equity Joint Venture Equity Joint Venture (EJV) in International Trade Meaning of Equity Joint Venture (EJV), according to the Dictionary of International Trade (Global Negotiator): A type of joint venture in which two or more parties set up a separate legal company to act as the vehicle for carrying out the [...]...
83. Liner Shipping Liner Shipping in International Trade Meaning of Liner Shipping, according to the Dictionary of International Trade (Global Negotiator): Services provided by a steamship company or shipping line, under which cargo vessels operate according to a fixed schedule and publicly advertised freight rates....
84. Quality Control Quality Control in International Trade Meaning of Quality Control, according to the Dictionary of International Trade (Global Negotiator): The process of making sure that goods and services are produced and maintained to agreed quality standards. Resources See Also Business Company [...]...
85. Restitution Restitution in International Trade Meaning of Restitution, according to the Dictionary of International Trade (Global Negotiator): In law, remedy for a breach of contract by which the parties are restored to their original positions before the contract was made or the breach occurred. Damages [...]...
86. Customs Clearance In the United States For information about Customs clearance in the context of international trade, click here...
87. Claimant Claimant in International Trade Meaning of Claimant, according to the Dictionary of International Trade (Global Negotiator): A party presenting a demand for compensation, such as against a carrier or insurer. Resources See Also Claim Plaintiff...
88. Commercial in Confidence Commercial in Confidence in International Trade Meaning of Commercial in Confidence, according to the Dictionary of International Trade (Global Negotiator): A classification that identifies information that, if disclosed, may result in damage to a party's commercial interests, intellectual [...]...
89. Exculpatory Clause Exculpatory Clause in International Trade Meaning of Exculpatory Clause, according to the Dictionary of International Trade (Global Negotiator): A contract clause by which a party is released from liability for wrongful acts committed by the other party. A seller may agree to release a buyer, [...]...
90. Global Trade Alert Global Trade Alert in International Trade Meaning of Global Trade Alert, according to the Dictionary of International Trade (Global Negotiator): Website that offers information about international trade barriers or state measures that are likely to affect international trade. It identifies the [...]...
91. Remittance Following Collection Remittance Following Collection in International Trade Meaning of Remittance Following Collection, according to the Dictionary of International Trade (Global Negotiator): In instances when a shipper has performed services incident to the transportation of goods, a carrier will collect payment [...]...
92. Duns Number Duns Number in International Trade Meaning of Duns Number, according to the Dictionary of International Trade (Global Negotiator): An international numbering system provided by the American company Duns & Bradstreet for identifying companies....
93. Steamship Line Steamship Line in International Trade Meaning of Steamship Line, according to the Dictionary of International Trade (Global Negotiator): A company usually having the following departments: vessel operations, container operations, tariff department, bookings, outbound rates, inward rates, and [...]...
94. Usance Letter of Credit Usance L/C in International Trade Meaning of Usance L/c, according to the Dictionary of International Trade (Global Negotiator): A letter of credit payable at a predetermined time after the presentation of conforming documents. These are also called time L/C or deferred payment L/C and are the [...]...
95. Advance Payment Spanish Translation of insurance policy settlement options [advance payment]This is the legal translation of English to Spanish in relation to insurance policy settlement options [advance payment] and / or a definition of this topic: Derecho de Anticipo (in Spanish, without translation [...]...
96. Co-branding Co-branding in International Trade Meaning of Co-branding, according to the Dictionary of International Trade (Global Negotiator): A form of cooperation between two or more brands with significant customer recognition, in which all the participants' brand names are retained. The products [...]...
97. Insurance Premium Insurance Premium in International Trade Meaning of Insurance Premium, according to the Dictionary of International Trade (Global Negotiator): The amount paid to an insurance company for coverage under an insurance policy....
98. Open Account Open Account in International Trade Meaning of Open Account, according to the Dictionary of International Trade (Global Negotiator): A payment term under which the buyer promises to pay the seller within a predetermined number of days, and the seller does not restrict the availability of [...]...
99. Third-party Logistics Third-party Logistics in International Trade Meaning of Third-party Logistics, according to the Dictionary of International Trade (Global Negotiator): Most of exporters and importers employ outside logistics expertise that are experts in their industry and should therefore concentrate only in [...]...
100. Eco-packaging Eco-packaging and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Eco-packaging: Refers to national regulations and programs to encourage recycling or reuse of product packaging and [...]...
101. Packer Resources See Also International Trade Trade Regulation International Economic Law Export License International Trade Law Foreign Trade Safeguard Transport...
102. Par Value The nominal value assigned to a currency by its issuing authority. Normally, this value is expressed as a quantity of gold, or another currency convertible into gold. When the market value of a currency, expressed in terms of other convertible currencies, deviates significantly from its par [...]...
103. Paris Convention Known formally as the Paris Convention for the Protection of Industrial Property, an international agreement formulated to protect rights to industrial property including inventions, trademarks, service marks, trade names, and appellations of origin. The substantive provisions of the convention [...]...
104. Parity In arbitrage usage, an equivalent value for two currencies; for example, the Bermuda dollar enjoys parity with the U.S. dollar (B$l = U.S.SI).......
105. Particular Average Summary of Particular Average A partial loss of the value of cargo shipped by sea attributable to a marine peril. See free of particular average.(Main Author: William J. Miller) Particular Average in International Trade Meaning of Particular Average, according to the Dictionary [...]...
106. Patent Summary of Patent A grant issued by a governmental authority to an inventor permitting, for a fixed number of years, an exclusive right to the invention. The grant includes the prerogative of preventing others from making, using, or selling the invention covered. Through various [...]...
107. Patent Cooperation Treaty An international agreement which permits nationals and residents of any adhering state to seek patent protection in any or all of the adhering states by means of a single patent application. The applicant files his application with the national patent office of the country of which he is a [...]...
108. Partnership Introduction to PartnershipPartnership, in law, term applied to an association of two or more persons who have agreed to combine their labor, property, and skill, or some or all of them, for the purpose of engaging in lawful business and sharing profits and losses between them; in this defi......
109. Parallel Imports Parallel Imports and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Parallel Imports: Goods, which are authorized by the owner of intellectual properly rights for sale in one country, but [...]...
110. Pacific Alliance Pacific Alliance in International Trade Meaning of Pacific Alliance, according to the Dictionary of International Trade (Global Negotiator): The Pacific Alliance is a regional integration initiative created in 2011 in Latin America whose member states are Chile, Colombia, Mexico and Peru. Its [...]...
111. Packing List Packing List in International Trade Meaning of Packing List, according to the Dictionary of International Trade (Global Negotiator): A seller-prepared commercial document indicating the net and gross weights, dimensions and contents of all shipping pieces (boxes, crates, bundles, etc.) in a [...]...
112. Pallet Pallet in International Trade Meaning of Pallet, according to the Dictionary of International Trade (Global Negotiator): A shallow portable platform used to facilitate handling of goods by forklift trucks. Often, packages are packed together on a pallet and then over-packed or shrink-wrapped [...]...
113. Pallet Loader Pallet Loader in International Trade Meaning of Pallet Loader, according to the Dictionary of International Trade (Global Negotiator): Device employing one or more vertical lift platforms for the mechanical loading or unloading of palletized freight at planeside. See also pallet....
114. Pallet Transporter Pallet Transporter in International Trade Meaning of Pallet Transporter, according to the Dictionary of International Trade (Global Negotiator): Vehicle for the movement of loaded pallets between an aircraft and the freight terminal or truck dock. Sometimes the functions of a pallet loader and [...]...
115. Palletizing Palletizing in International Trade Meaning of Palletizing, according to the Dictionary of International Trade (Global Negotiator): The loading and securing of a number of sacks, bags, boxes or drums on a pallet base. See also pallet....
116. Paramount Clause Paramount Clause in International Trade Meaning of Paramount Clause, according to the Dictionary of International Trade (Global Negotiator): The clause in a bill of lading or charter party invoking coverage by the Hague Rules or by the particular enactment if these rules in the country with [...]...
117. Parent Company Parent Company in International Trade Meaning of Parent Company, according to the Dictionary of International Trade (Global Negotiator): A parent company, sometimes called a holding company, is a corporation that has subsidiaries which are wholly or partially-owned separate businesses [...]...
118. Party at Risk Party at Risk in International Trade Meaning of Party at Risk, according to the Dictionary of International Trade (Global Negotiator): Between the seller and the buyer, that party who has the most to lose in the event of damage or loss to a shipment, such as: Unpaid sellers, especially if the [...]...
119. Payee Payee in International Trade Meaning of Payee, according to the Dictionary of International Trade (Global Negotiator): The party to receive payment of a negotiable instrument. In a cheque or draft, it is the party shown after the words "pay to the order of". See negotiable [...]...
120. Payer Payer in International Trade Meaning of Payer, according to the Dictionary of International Trade (Global Negotiator): The party primarily responsible for the payment of the amount owed as evidenced by a given negotiable instrument. See negotiable instrument; payee....