Related Entries of the International Encyclopedia:

1. Pre-shipment Inspection Pre-shipment Inspection (PSI) in International Trade Meaning of Pre-shipment Inspection (PSI), according to the Dictionary of International Trade (Global Negotiator): An inspection of contract goods prior to shipment so as to ascertain their quality, quantity or price. Importers may insist on [...]...
2. Commission Sales Agreement Commission Sales Agreement in International Trade Meaning of Commission Sales Agreement, according to the Dictionary of International Trade (Global Negotiator): A type or contract, whereby a person or company acts as a sales agent on behalf of the exporting company (principal), introducing its [...]...
3. 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....
4. Brokerage Agreement Brokerage Agreement in International Trade Meaning of Brokerage Agreement, according to the Dictionary of International Trade (Global Negotiator): A type or contract, whereby a person or company acts as a sales agent on behalf of the exporting company (principal), introducing its products to [...]...
5. Gross Sales Gross Sales in International Trade Meaning of Gross Sales, according to the Dictionary of International Trade (Global Negotiator): The total amount received or receivable for goods sold, before any allowances for returned goods or sales discounts....
6. Long Date Forward Long Date Forward in International Trade Meaning of Long Date Forward, according to the Dictionary of International Trade (Global Negotiator): A forward exchange contract whose maturity exceeds one year. See also forward exchange contract....
7. Future Contract Future Contract in International Trade Meaning of Future Contract, according to the Dictionary of International Trade (Global Negotiator): A contract for the future of delivery of a commodity, currency or security on a specific date. Currency future contracts are for standard quantities over [...]...
8. Maintenance Maintenance in International Trade Meaning of Maintenance, according to the Dictionary of International Trade (Global Negotiator): The work of keeping something in proper condition, care or upkeep including: taking steps to avoid something breaking down (preventative maintenance) and bringing [...]...
9. Forward Exchange Contract An agreement to exchange, at a specified future date, a fixed number of units of one currency for a fixed number of units of another currency. Such contracts are often procured by merchants when they must settle future accounts in a foreign currency and wish to protect against possible losses [...]...
10. Export Marks Export Marks in International Trade Meaning of Export Marks, according to the Dictionary of International Trade (Global Negotiator): Words or symbols placed on the outside of a export packed goods to indicate the shipment's destination. Typical marks for vessel shipments include the [...]...
11. Groupage Groupage in International Trade Meaning of Groupage, according to the Dictionary of International Trade (Global Negotiator): Combining cargo from more than one shipper and/or to more than one consignee for shipment together, usually in a single shipping container. On arrival, the container is [...]...
12. 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 [...]...
13. Consolidated Shipment Consolidated Shipment in International Trade Meaning of Consolidated Shipment, according to the Dictionary of International Trade (Global Negotiator): A method of shipping whereby an agent (freight forwarder or consolidator) combines individual consignments from various shippers into one [...]...
14. Currency Future Currency Future in International Trade Meaning of Currency Future, according to the Dictionary of International Trade (Global Negotiator): A contract for the future delivery of a commodity, currency, or security on a specific date. In contrast to forward contracts, future contracts are for [...]...
15. Weight W/M in International Trade Meaning of W/m, according to the Dictionary of International Trade (Global Negotiator): Weight or measurement is a method of quoting freight rates: 1. for sea freight, per metric ton (1.000 kilograms) or per cubic meter (35.3 cubic feet) whichever is greater; 2. for [...]...
16. Outright Outright in International Trade Meaning of Outright, according to the Dictionary of International Trade (Global Negotiator): In foreign exchange, a forward purchase or sale of currency which is not offset by a corresponding spot transaction. i.e. which has not been contracted through swaps. [...]...
17. 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 [...]...
18. Retention of Title Clause Retention of Title Clause in International Trade Meaning of Retention of Title Clause, according to the Dictionary of International Trade (Global Negotiator): A contract clause commonly used in international sale contracts whereby a seller declares his intention to retain title of ownership [...]...
19. Break Clause Break Clause in International Trade Meaning of Break Clause, according to the Dictionary of International Trade (Global Negotiator): A clause that allows the buyer to end a contract without any penalties....
20. Performance Bond Performance Bond in International Trade Meaning of Performance Bond, according to the Dictionary of International Trade (Global Negotiator): A bond which guarantees proper fulfillment of the terms of a contract. In practice, the beneficiary of the bond (usually the buyer or services and/or [...]...
21. Language Clause Language Clause in International Trade Meaning of Language Clause, according to the Dictionary of International Trade (Global Negotiator): A clause used in international contract drawn up in two or more languages (English, Spanish, French, German). The language clause has to establish which [...]...
22. 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 [...]...
23. Free Alongside A condition in a shipping contract whereby the shipper bears all costs of delivering the goods up to a ship's tackle. This definition is modified to accommodate local customs of the port. ......
24. Consolidated Container Consolidated Container in International Trade Meaning of Consolidated Container, according to the Dictionary of International Trade (Global Negotiator): A shipping container containing cargo from a number of shippers at a centrally located point of origin by a freight consolidator, and [...]...
25. End Date End Date in International Trade Meaning of End Date, according to the Dictionary of International Trade (Global Negotiator): The date a contract ends....
26. 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, [...]...
27. Clean Report of Findings A document issued by a recognized inspection agency certifying that certain merchandise has been examined and found to be in order. This document may be required by a letter of credit or stipulated by the exchange control authorities of certain governments. The object of the report is to ensure [...]...
28. 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)....
29. Cargo Agent Cargo Agent in International Trade Meaning of Cargo Agent, according to the Dictionary of International Trade (Global Negotiator): An agent appointed by an airline or shipping line to solicit and process international air and ocean freight for shipment. Cargo agents are paid commissions by the [...]...
30. Open-end Contract Open-end Contract in International Trade Meaning of Open-end Contract, according to the Dictionary of International Trade (Global Negotiator): A contract by which the buyer may purchase the seller's goods at any time within a specified period without changes in the price or other contract terms....
31. Clauses Sue & Labor Clause in International Trade Meaning of Sue & Labor Clause, according to the Dictionary of International Trade (Global Negotiator): A provision in marine insurance obligating the assured to do things necessary after a loss to prevent further loss and to act in the best interests [...]...
32. Consignment Contract Consignment Contract in International Trade Meaning of Consignment Contract, according to the Dictionary of International Trade (Global Negotiator): A contract by which a seller (consignor) delivers goods to an individual or entity (consignee) that will sell them. For goods sold, the consignee [...]...
33. Dry Port Dry Port in International Trade Meaning of Dry Port, according to the Dictionary of International Trade (Global Negotiator): A dry port is a port situated near sea. If the importer or exporter is far away from a sea port, it will be an inconvenience to co-ordinate and handle the goods [...]...
34. Floating Exchange Rate Floating Exchange Rate in International Trade Meaning of Floating Exchange Rate, according to the Dictionary of International Trade (Global Negotiator): A rate of exchange that is determined by market forces. See also clean float and dirty float. Concept of Floating Exchange Rate An [...]...
35. Reefer Container Reefer Container in International Trade Meaning of Reefer Container, according to the Dictionary of International Trade (Global Negotiator): A controlled temperature shipping container, usually refrigerated. Refrigeration may either be mechanical, which means involving an external power [...]...
36. Title Transfer Title Transfer in International Trade Meaning of Title Transfer, according to the Dictionary of International Trade (Global Negotiator): The act of point in place or time at which ownership of a thing is passed from one person to another. In international trade, this is usually specified in [...]...
37. C.I.F. Contract Definition of C.I.F. ContractIn accordance with the work A Dictionary of Law, this is a description of C.I.F. Contract : C.I.F. contract (cost. insurance. freight contract) A type of contract for the international sale of goods by which the seller agrees not only to supply the goods but also to [...]...
38. Intermediary Intermediary in International Trade Meaning of Intermediary, according to the Dictionary of International Trade (Global Negotiator): In international trade, an individual or firm that brings together buyers and sellers for a fee without taking part in actual sales transactions. Due to the [...]...
39. Partial Shipment Partial Shipment in International Trade Meaning of Partial Shipment, according to the Dictionary of International Trade (Global Negotiator): A portion of less than total quantity of an order. See also back order....
40. Valuation Clause Valuation Clause in International Trade Meaning of Valuation Clause, according to the Dictionary of International Trade (Global Negotiator): The clause in a marine cargo insurance policy that contains the agreed basis for determining the value of covered goods. This sets the amount due under [...]...
41. Documents Against Acceptance Bill Of Exchange, Direct Collection.......
42. Certificate of Inspection Certificate of Inspection in International Trade Meaning of Certificate of Inspection, according to the Dictionary of International Trade (Global Negotiator): A document certifying that merchandise (such as perishable goods) was in good condition at the time of inspection, usually immediately [...]...
43. Force Majeure Clause Force Majeure Clause in International Trade Meaning of Force Majeure Clause, according to the Dictionary of International Trade (Global Negotiator): A contract clause that excuses who breaches the contract when performance is prevented by the occurrence of certain events such as natural [...]...
44. Nvocc Nvocc in International Trade Meaning of Nvocc, according to the Dictionary of International Trade (Global Negotiator): Non-vessel-operating common carrier is company providing point-to-point international transport of goods although it does not necessarily operate or own transport vehicles or [...]...
45. Clause Repugnancy Clause in Constitutional Law From the Comparative Constitutions Project: The repugnancy clause is an explicit declaration in a constitution that any law contrary to a certain religion's beliefs is void. This is mostly in Islamic constitutions. Red Clause L/C in International [...]...
46. Forward Exchange Option Forward Exchange Option in International Trade Meaning of Forward Exchange Option, according to the Dictionary of International Trade (Global Negotiator): A contractually agreed right to buy (put) or to sell (call) a specific amount of one currency for a specified amount of another [...]...
47. International Contracts International Contracts in International Trade Meaning of International Contracts, according to the Dictionary of International Trade (Global Negotiator): International contracts refers to a legally binding agreement between parties, based in different countries, in which they are obligated to [...]...
48. Multimodal Transport Document Multimodal Transport Document in International Trade Meaning of Multimodal Transport Document, according to the Dictionary of International Trade (Global Negotiator): A document issued or signed by a carrier indicating carriage by more than one means of transportation. For example, a [...]...
49. Deviation Clause Deviation Clause in International Trade Meaning of Deviation Clause, according to the Dictionary of International Trade (Global Negotiator): An insurance term meaning that coverage will apply even if the vessel or voyage or interested parties unintentionally stated incorrectly or if actual [...]...
50. Free Carrier (FCA) Free Carrier in International Trade Meaning of FCA (Free Carrier), according to the Dictionary of International Trade (Global Negotiator): In Incoterms FCA the seller fulfils his obligation to deliver when he has handed over the goods, cleared for export, into the charge of the carrier [...]...
51. Intermediate Consignee A person named in a bill of lading or other shipping paper as authorized to receive cargo for the purpose of effecting delivery to the ultimate consignee.......
52. Broker Broker in International Trade Meaning of Broker, according to the Dictionary of International Trade (Global Negotiator): An individual or firm that acts as an intermediary, often between a buyer and seller, usually for a commission. Related to international trade services there are three [...]...
53. ICE Clause ICE Clause in International Trade Meaning of ICE Clause, according to the Dictionary of International Trade (Global Negotiator): A standard clause in vessel chartering, dictating the course that a vessel master may take if the ship is prevented from entering the loading or discharge port [...]...
54. Transfer of Ownership Transfer of Ownership in International Trade Meaning of Transfer of Ownership, according to the Dictionary of International Trade (Global Negotiator): The act of point in place or time at which ownership of a thing is passed from one person to another. In international trade, this usually [...]...
55. Contract Manufacturing Contract Manufacturing in International Trade Meaning of Contract Manufacturing, according to the Dictionary of International Trade (Global Negotiator): Contract manufacturing in international markets is used in situations when one company arranges for another company in a different country to [...]...
56. Expression of Interest Expression of Interest (EOI) in International Trade Meaning of Expression of Interest (EOI), according to the Dictionary of International Trade (Global Negotiator): A summary from a potential supplier that shows they are interested in and capable of delivering particular goods or services. [...]...
57. Net Weight Net Weight in International Trade Meaning of Net Weight, according to the Dictionary of International Trade (Global Negotiator): The weight of only the goods in a shipment, exclusive of any packing materials....
58. Barter Summary of Barter A direct exchange of products without cash. In some cases, a third party is brought into the transaction to dispose of some or all of the goods in a third country; this practice is known as switch trading. See Countertrade.(Main Author: William J. Miller) Barter [...]...
59. Dock Receipt A document used at some ports to acknowledge delivery of cargo to a pier for shipment aboard a given vessel. The format of a dock receipt often resembles that of a bill of lading and contains substantially the same information concerning the cargo; it is signed and/or stamped by the stevedore [...]...
60. Distributor Distributor in International Trade Meaning of Distributor, according to the Dictionary of International Trade (Global Negotiator): An independent person or legal entity that sell goods locally on behalf of a principal. Distributors can be distinguished from agents as distributors buy the goods [...]...
61. European Option European Option in International Trade Note: there is more information about this term in the European legal Encyclopedia. Meaning of European Option, according to the Dictionary of International Trade (Global Negotiator): A foreign exchange type of contract containing a provision to the [...]...
62. Export Contract Export Contract in International Trade Meaning of Export Contract, according to the Dictionary of International Trade (Global Negotiator): The export contract is used for the international sale of certain products (industrial supplies, raw materials, manufactured goods), which are projected [...]...
63. Warehouse-to-warehouse Clause Warehouse-to-warehouse Clause in International Trade Meaning of Warehouse-to-warehouse Clause, according to the Dictionary of International Trade (Global Negotiator): Insurance coverage of international cargo from export warehouse to import warehouse. There is often limitations, such as a [...]...
64. Certificate of Manufacture A document issued by a manufacturer attesting that the named item has been manufactured and is available for shipment. This document is used commonly with sales under letters of credit providing for full or partial payment upon manufacture of the goods. In 1942 the Bankers' Association for [...]...
65. Full Container Load Full Container Load in International Trade Meaning of FCL (Full Container Load), according to the Dictionary of International Trade (Global Negotiator): A shipment of sufficient volume or weight to justify the exclusive use if a shipping container....
66. Multicurrency Clause Multicurrency Clause in International Trade Meaning of Multicurrency Clause, according to the Dictionary of International Trade (Global Negotiator): A clause in a loan agreement stating that more than one currency may be used in paying or redeeming the loan....
67. Prepaid Prepaid in International Trade Meaning of Prepaid, according to the Dictionary of International Trade (Global Negotiator): A notation on a shipping document indicating that the shipping charges have already been paid by the shipper or his agent to the carrier....
68. Consignee The person or firm to whom goods are shipped under a bill of lading (read this and related legal terms for further details) and so named in the bill.......
69. After Date Definition of After Date in International Trade The following is a concept of After Date in the context of international trade law, from the Dictionary of International Trade (Global Negotiator): In banking, a notation used on financial instruments (such as drafts or bill of exchange) to fix [...]...
70. After-sale Service Definition of After-sale Service in International Trade The following is a concept of After-sale Service in the context of international trade law, from the Dictionary of International Trade (Global Negotiator): A collective term for attention to a transaction that normally takes place after [...]...
71. Cost and Freight (CFR) Cost and Freight in International Trade Meaning of Cost and Freight, according to the Dictionary of International Trade (Global Negotiator): In Incoterms CFR the seller must pay the costs and freight necessary to bring the goods to named port of destination but the risk of loss and [...]...
72. Tare Weight Tare Weight in International Trade Meaning of Tare Weight, according to the Dictionary of International Trade (Global Negotiator): The weight of a container and/or packing materials, but without the goods being shipped. The gross weight of a shipment less the net weight of the goods being shipped....
73. Delivery Note Delivery Note in International Trade Meaning of Delivery Note, according to the Dictionary of International Trade (Global Negotiator): The delivery note is a document that certifies the delivery of goods to the buyer, who must sign it to make it clear that the goods have been delivered in [...]...
74. Purchase Order Purchase Order in International Trade Meaning of Purchase Order, according to the Dictionary of International Trade (Global Negotiator): A purchaser's written offer to a supplier formally stating all terms and conditions of a proposed transaction. Sometimes, in a certain number of [...]...
75. Offer Summary of Offer In vessel charter transactions, synonymous with Firm Offer (read this and related legal terms for further details).(Main Author: William J. Miller) Best and Final Offer (BFO) in International Trade Meaning of Best and Final Offer (bfo), according to the [...]...
76. Trade Acceptance Summary of Trade Acceptance Cross-reference: Acceptance.(Main Author: William J. Miller) Trade Acceptance in International Trade Meaning of Trade Acceptance, according to the Dictionary of International Trade (Global Negotiator): A bill of exchange drawn by the exporter/seller on [...]...
77. 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 [...]...
78. Documentary Credit Documentary Credit in International Trade Meaning of Documentary Credit, according to the Dictionary of International Trade (Global Negotiator): Documentary credit means the same thing than "letter of credit". Traders and bankers in some parts of the world (US, Asia) tend to use the [...]...
79. Issue Date Issue Date in International Trade Meaning of Issue Date, according to the Dictionary of International Trade (Global Negotiator): The date a letter of credit was opened, or the date an amendment was issued....
80. Logistic Services Contract Logistic Services Contract in International Trade Meaning of Logistic Services Contract, according to the Dictionary of International Trade (Global Negotiator): The logistics contract regulates relations between the companies that provide these services – known as logistics operators [...]...
81. Maturity Date Maturity Date in International Trade Meaning of Maturity Date, according to the Dictionary of International Trade (Global Negotiator): The date an obligation becomes due. In bank collections, the due date of an accepted draft....
82. Combined Transport Document A bill of lading issued by a combined transport operator (read this and related legal terms for further details) covering shipment of goods by more than one mode of transport. The document specifies the point at which th......
83. Middleman Middleman in International Trade Meaning of Middleman, according to the Dictionary of International Trade (Global Negotiator): An intermediary acting as an agent or dealer between buyers and sellers. In international trade, a middleman usually charges a commission as percentage of the sales [...]...
84. Presentation Date Presentation Date in International Trade Meaning of Presentation Date, according to the Dictionary of International Trade (Global Negotiator): The date on which compliant documents were given to the issuing bank or any other institution permitted under a letter of credit....
85. Receipt Receipt in International Trade Meaning of Receipt, according to the Dictionary of International Trade (Global Negotiator): Any written acknowledgment given in exchange for taking goods into one's possession....
86. Smuggling The unlawful importation of contraband or dutiable merchandise by evading customs inspection.......
87. Smart Smart in International Trade Meaning of Smart, according to the Dictionary of International Trade (Global Negotiator): An acronym for specific, measurable, achievable, realistic, time-bound. A project management tool used to set project objectives and evaluate if those objectives fit the project....
88. Salvage Summary of Salvage In maritime law, the compensation allowed to persons through whose assistance a ship or its cargo is saved in whole or in part. Four elements are essential to validate a salvage claim: (1) a marine peril must have existed; (2) the service must have been voluntary; (3) the [...]...
89. Shipping Documents A general term relating to any of several documents customarily associated with the international shipment of merchandise. Among these documents are a bill of lading (or Air Waybill), Certificate Of Origin, customs or consular INVOICE, insurance certificate, DOCK receipt (qq.v.), and inspection [...]...
90. Smithsonian Agreement A largely unsuccessful effort to revive the fixed exchange rate system established by the bretton woods agreement (read this and related legal terms for further details).......
91. Soft Currency A national currency that, because of exchange controls, is not freely convertible into gold or other currencies. Such controls are usually manifest in officially set rates of exchange that do not reflect the price of the soft currency, were it permitted to trade freely.......
92. Sogo Shosha A Japanese general trading company. Customarily, the term is used in connection with the largest of such companies. According to the Trade Business Statistics report for 1981 issued by the Japanese Ministry of International Trade and Industry, there are over 8,500 trading companies operating in [...]...
93. Special Cargo Policy A marine cargo policy issued to cover a specific shipment. A special policy may be issued when the shipper infrequently transports goods by water, or when the merchandise is so unusual or so valuable as to warrant a special policy. Frequent shippers customarily obtain an Open Policy (...
94. Specific Duty Cross-reference: Duty......
95. Spot Market A market for commodities or currency in which the sale results in an immediate or nearly immediate exchange of the goods or instruments for cash, as compared with a futures market, which trades in contracts for the future delivery of the product.......
96. Spot Price The price of a commodity in the Spot Market (read this and related legal terms for further details), i.e., the price quoted for immediate sale and delivery. ......
97. 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 [...]...
98. Stevedore One who engages in the loading and unloading of vessels. The term is usually applied to the firm contracted by the shipowner to perform the loading and unloading function, rather than the individuals who perform the physical work. See Longshoreman.......
99. Stowage The act of placing cargo within the hold of a vessel for transit. The term has been extended to include the loading of cargo within containers.......
100. Straddle Carrier A self-propelled vehicle which lifts a container within its own framework. The device is commonly used at port facilities and container yards.......
101. Stripping The act of unloading an intermodal ocean container.......
102. Stuffing The act of loading a container.......
103. Swap By agreement, the combined purchase and sale of a specified amount of foreign exchange, with different dates for sale and purchase. This arrangement permits each party to the transaction to use, for a given period of time, a currency he needs in return for one he does not need, without any [...]...
104. Sales Tax Other Popular Tax Definitions in the World Legal Encyclopedia Adjusted Gross Income (sometimes, including Sales Tax) Ad Valorem Tax (sometimes, including Sales Tax) Alternative Minimum Tax (sometimes, including Sales Tax) Big Four (audit firms) (sometimes, including Sales Tax) Black Market [...]...
105. Smriti The Legal History of SmritiThis section provides an overview of Smriti ResourcesSee AlsoLegal Biography Legal Traditions Historical Laws History of Law Further Reading Smriti in the Oxford International Encyclopedia of Legal History (Oxford University Press) The Oxford Encyclopedia of American [...]...
106. 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, [...]...
107. Supplier Supplier Credits and International Trade Supplier in International Trade Meaning of Supplier, according to the Dictionary of International Trade (Global Negotiator): The party furnishing goods or services in a business transaction in return for the agreed upon compensation. As such, suppliers [...]...
108. Special Economic Zone Special Economic Zone and International Trade Resources See Also International Trade Trade Regulation International Economic Law Export License International Trade Law Foreign Trade Safeguard Tariff Policy Resources See Also export processing Zone, Specific Duty duty...
109. Surcharge Surcharge and International Trade Resources See Also Import Surcharge...
110. Sad Sad in International Trade Meaning of Sad, according to the Dictionary of International Trade (Global Negotiator): The Single Administration Document is a customs declaration document used by all countries within the European Union (EU). It is required for all exports of goods outside the [...]...
111. Safeguards Safeguards in International Trade Meaning of Safeguards, according to the Dictionary of International Trade (Global Negotiator): Emergency measure taken when increased imports of particular products cause or threaten to cause serious injury to the importing country's domestic industry. [...]...
112. Said to Contain Said to Contain (STC) in International Trade Meaning of Said to Contain (stc), according to the Dictionary of International Trade (Global Negotiator): This is a caveat clause applied to container-shipment transport documents, indicating that the carrier has no firsthand knowledge of what was [...]...
113. Sales Agent Sales Agent in International Trade Meaning of Sales Agent, according to the Dictionary of International Trade (Global Negotiator): A person or a company that acts as a sales agent on behalf of the exporting company (principal), introducing its products to potential buyers in the external [...]...
114. Sales Representative Sales Representative in International Trade Meaning of Sales Representative, according to the Dictionary of International Trade (Global Negotiator): An individual or firm that serves as the foreign representative of a domestic supplier and seeks sales abroad for the supplier. The [...]...
115. Salvage Loss Salvage Loss in International Trade Meaning of Salvage Loss, according to the Dictionary of International Trade (Global Negotiator): A method of insurance adjustment where the underwriter pays the difference between the amount of insurance and the net proceeds of the sale of damaged goods. It [...]...
116. Sample Sample in International Trade Meaning of Sample, according to the Dictionary of International Trade (Global Negotiator): A portion or piece taken as a representative of a whole. When cost permits, sellers often provide samples to new customers, or of new products to existing customers. Either [...]...
117. Sanction Sanction in International Trade Meaning of Sanction, according to the Dictionary of International Trade (Global Negotiator): An embargo imposed against an individual country by the United Nations -or a group of nations – in an effort tom influence its conduct or its policies. See also [...]...
118. Sanitary Certificate Sanitary Certificate in International Trade Meaning of Sanitary Certificate, according to the Dictionary of International Trade (Global Negotiator): Some countries require a health or sanitary certificate when animals, animal products, fish, plants and food products are skilled. These [...]...
119. Sanitary Measures Sanitary Measures in International Trade Meaning of Sanitary Measures, according to the Dictionary of International Trade (Global Negotiator): Regulations that governments impose to restrict imports for health protection reasons. See also phytosanitary certificate; sanitary certificate. [...]...
120. Schedule Schedule in International Trade Meaning of Schedule, according to the Dictionary of International Trade (Global Negotiator): An attachment to a particular contract that forms a material part of the contract. Also called annex or exhibit....