Tariff (Freight)
Summary of Tariff (Freight)
A document issued, usually in booklet form, by a Common Carrier (read this and related legal terms for further details) listing its charges for transportation services. Commonly, the rate, or cost of transportation, varies by commodity or product; some tariffs contain thousands of specific products. Charges are imposed by standard units of measure (e.g., ton, cubic meter, board foot). Tariffs also contain a description of the geographic areas served by a carrier, rules of carriage, and limitations upon carrier liability. Tariffs are published by the carrier or an organization such as a Conference (read this legal term for further details) or rate bureau representing a group of carriers. The law may require that they be filed with or approved by regulatory agencies having economic supervision over the particular mode of transport.
(Main Author: William J. Miller)
Related Entries of the International Encyclopedia:
- Customs Classification Customs Classification and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Customs Classification: The determination of the appropriate category in which a traded product is classified for [...]...
- Bound Rates Bound Rates and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Bound Rates: Most favored-nation tariff rates resulting from GATT negotiations and thereafter incorporated as integral [...]...
- Through Rate A freight rate that is the total rate from origin to destination; in some cases, surcharges may be applicable to the basic freight, and are additional to the through rate.......
- Trade Barriers Standards-Related Activity and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Standards-Related Activity: An activity undertaken in conjunction with administration or enforcement of [...]...
- Negotiations Item-by-Item Negotiations and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Item-by-Item Negotiations: A method of tariff negotiations in which the expected trade effects of each [...]...
- Transaction Value The primary method of valuing goods for customs purposes under the Customs Valuation Agreement (read this and related legal terms for further details).......
- Customs Trade Regulations Law of Similars and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Law of Similars: Regulations limiting importation of a product or altering its tariff treatment if a "similar" [...]...
- Dutiable Status A determination made by customs authorities, in accordance with the laws of the importing nation, as to whether a given imported article is subject to duty, and if so, at what rate. The dutiable status is determined by classifying the merchandise, i.e., determining into which category the [...]...
- Multilateral Trade Negotiations Negotiations among many nations acting in concert for the purpose of reducing trade barriers. Since the inception of the General Agreement on Tariffs and Trade (read about the GATT for further details). in 1947, the mos......
- Nes Nes in International Trade Meaning of Nes, according to the Dictionary of International Trade (Global Negotiator): Not elsewhere specified is used for an item that is not mention elsewhere in a classification system, such as a customs or freight tariff. Similar to NESOI (Not elsewhere [...]...
- Related Specificity A rule of customs law that when two or more tariff provisions might be applied to an item, the one that most specifically describes the article shall be applied.......
- GATT Standing Committee GATT Standing Committee and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of GATT Standing Committee: A permanent body of GATT members dealing with a specific area of trade policy. Includes [...]...
- Gateway A city or other point at which cargo is transferred between tariff jurisdictions.......
- Free Trade Agreement Free Trade Agreement and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Free Trade Agreement: An agreement between two or more countries establishing a free trade area (FTA)....
- Tariffication Tariffication and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Tariffication: Conversion of a quota or other nontariff barrier (NTB) to a tariff providing an equivalent amount of [...]...
- Principal Supplier A nation that serves as the major source of supply to another country for a specific product.......
- Degressivity Degressivity and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Degressivity: The characteristic of a trade restriction, which diminishes in severity over time. A degressive measure could [...]...
- Modifications Modifications and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Modifications: Alteration or withdrawal of trade concessions previously made within GATT. Contracting Parties are [...]...
- Conventional Duty A customs duty, or rate of duty, arising out of a treaty or other international agreement, as contrasted with an autonomous duty unilaterally imposed by a government absent of any international agreement.......
- Trigger Price Mechanism A program of import surveillance instituted by the U.S. government in 1977. Under this scheme, a floor price is established for designated import items; this floor is predicated upon the production cost of the most efficient foreign producer, with adjustments for freight and currency [...]...
- Currency Adjustment Factor A surcharge imposed on ocean freight by a carrier to offset or mitigate the impact of exchange rate fluctuations upon his freight revenue.......
- Import Quota Import Quota and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Import Quota: A means of restricting or controlling imports by specifying the quantity or value of a commodity, which may [...]...
- Nesoi Nesoi in International Trade Meaning of Nesoi, according to the Dictionary of International Trade (Global Negotiator): Not elsewhere specified or indicated is used for an item that is not mention elsewhere in a classification system, such as a customs or freight tariff. Similar to NES (Not [...]...
- Customs Value Customs Value and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Customs Value: A method of valuing imported goods which excludes shipping costs from the final price....
- Preferences Preferences and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Preferences: Special trade advantages granted by an importing country to certain trading partners, in contrast to [...]...
- Column 1 Rate The rate of duty applied by U.S. Customs to imports from nations enjoying Most Favored Nation (read this and related legal terms for further details) status. See TARIFF (CUSTOMS); Tariff Schedules of the United States.......
- Tokyo Declaration The pronouncement of a 1973 gathering in Tokyo of foreign, finance, and trade ministers of the major industrial nations, meeting to discuss economic and trade problems. The joint communique issued by the ministers called for increased trade through the elimination of tariff and nontariff [...]...
- Initial Negotiating Right Initial Negotiating Right (INR) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Initial Negotiating Right (INR): A right held by a GA TT member to be compensated by another member if a [...]...
- Concession Summary of Concession An undertaking by one nation to reduce a tariff rate, increase a quota, or otherwise relieve an economic impediment to trade, usually in response to like concessions from trading partners. In addition to such reciprocal concessions, a nation may offer special duty [...]...
- Customs Harmonization Customs Harmonization and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Customs Harmonization: Intemational efforts to increase the uniformity of customs procedures such as valuation, [...]...
- Geneva Rounds Geneva Rounds and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Geneva Rounds: The first and fourth GATT Round of multilateral trade negotiations, held in Geneva, Switzerland. The [...]...
- Dillon Round A series of multinational trade discussions conducted during 1960-1962 under the sponsorship of the general agreement of tariffs and Trade (read this and related legal terms for further details). The principal result of ......
- Protocol Relating to Trade Negotiations Among Developing Countries Protocol Relating to Trade Negotiations Among Developing Countries and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Protocol Relating to Trade Negotiations Among Developing Countries: [...]...
- Commercial Counterfeiting Commercial Counterfeiting and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Commercial Counterfeiting: A deceptive trade practice involving trademark piracy, false labeling, or other [...]...
- Baf Baf in International Trade Meaning of Baf, according to the Dictionary of International Trade (Global Negotiator): The Bunker Adjustment Factor is an additional charge added to the base rate ocean freight cost reflecting the cost of fuel (called bunkers)to be used for the voyage. This charge [...]...
- Measurement Ton An expression of cubic measurement equal to forty cubic feet, used either to define the interior of a vessel or as a basis for assessing freight on cargo. With virtually worldwide conversion to metric measurement, a measurement/stow ton may be defined as the equal of a cubic meter, depending [...]...
- Most-favored-nation A privilege granted to a nation to have customs duties levied upon its products at the lowest rate offered to any other nation. Customarily, the extension of most favored nation status is reciprocal. See tariff (Customs).......
- Trade-Related Investment Measures Trade-Related Investment Measures (TRIMs) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Trade-Related Investment Measures (TRIMs): Designation for a Uruguay Round "' [...]...
- Import Restrictions Import Restrictions and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Import Restrictions: Measures to limit or control the volume of imports by means of tariffs ornontariff barriers [...]...
- Free Trade Zone Spanish Translation of free trade zoneThis is the legal translation of English to Spanish in relation to free trade zone and / or a definition of this topic: Zona de Libre Comercio (in Spanish, without translation of the dictionary entry)....
- Margin of Preference Margin of Preference and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Margin of Preference: The difference between the duty paid under a system of tariff preferences and the duty [...]...
- Ministerial Declaration Ministerial Declaration and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Ministerial Declaration: A decision by trade ministers of GATT members to launch a GATT Round of multilateral [...]...
- Quantitative Restriction A limitation on the quantity of a given commodity that may be imported into a country during a specified period of time. A quantitative restriction is manifested as a Quota ("https://lawin.org/list-of-international-trade-law-terms/">read this and related legal terms for further [...]...
- Reduction Linear Reduction and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Linear Reduction: A tariff negotiating procedure based on reduction of tariffs by a specified percentage on an entire [...]...
- Trade-Related Aspects of Intellectual Property Protection Trade-Related Aspects of Intellectual Property Protection (TRIPs) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Trade-Related Aspects of Intellectual Property Protection (TRIPs): [...]...
- Nontariff Barriers Nontariff Barriers (NTBs) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Nontariff Barriers (NTBs): Measures other than tariffs that burden or restrict international trade. NTBs may [...]...
- Prohibitive Duty A rate of duty so high as to effectively preclude entry of an item. Generally, prohibitive duties increase the selling price to such a level that the item cannot compete with domestic substitutes. Prohibitive duties are designed to protect domestic infant or ailing industries from vigorous [...]...
- Price Undertaking Price Undertaking and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Price Undertaking: An agreement by an exporting firm with the government of an " importing country to raise the [...]...
- Concessions Schedule of Concessions and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Schedule of Concessions: A list of import duties applicable to specific goods which a GATT Contracting Party [...]...
- Customs Procedures Customs and Administrative Entry Procedures and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Customs and Administrative Entry Procedures: Formalities applying to customs clearance of [...]...
- Downstream Dumping Downstream Dumping and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Downstream Dumping: Sales at below cost in a firm's home country to a "downstream producer," which [...]...
- Freight Tariff Not Otherwise Specified (NOS) in International Trade Meaning of Not Otherwise Specified (NOS), according to the Dictionary of International Trade (Global Negotiator): This expression and abbreviation is often applied to air freight tariffs, indicates that the rate stated in the tariff applies [...]...
- Tariff (Customs) A document issued by a nation's customs authority principally for the purpose of specifying rates of duty to be applied on various imported products. A tariff customarily also includes quantitative restrictions (quotas) upon certain imports, preferential duties on products imported from specifie......
- Tariff Act Of 1930 Also known as the Smoot- Hawley Act, this established the highest rates of duty ever imposed by the United States. Its passage was essentially a response to domestic unemployment during the Depression and protectionist forces in the agricultural and certain manufacturing sectors. Other nations accom......
- Tariff Commission For more details on United States International Trade Commission, click here.......
- Tariff Preferences Summary of Tariff Preferences Essentially synonymous with Trade Preferences (read this and related legal terms for further details).(Main Author: William J. Miller) Embracing mainstream international law, this section on tariff preferences explores the context, history and effect [...]...
- Tariff Rate A rate for insurance coverage specifically prescribed by local regulation. Usually the rate is higher than might be derived through negotiations with a nonadmitted (read this and related legal terms for further details) ......
- Tariff Other Popular Tax Definitions in the World Legal Encyclopedia Adjusted Gross Income (sometimes, including Tariff) Ad Valorem Tax (sometimes, including Tariff) Alternative Minimum Tax (sometimes, including Tariff) Big Four (audit firms) (sometimes, including Tariff) Black Market (sometimes, [...]...
- Tariff Schedules Tariff Schedules of the United States, Annotated, and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of TSUSA (Tariff Schedules of the United States, Annotated): The classification system in which US import data [...]...
- Tariff Anomaly Tariff Anomaly and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Tariff Anomaly: A situation in which the tariff on raw materials or semi-manufactured goods is higher than the tariff on [...]...
- Tariff Quota Tariff Quota and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Tariff Quota: A two-stage tariff, providing a base tariff rate that applies to goods up to a specified quantity imported [...]...
- Tariff Escalation Tariff Escalation and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Tariff Escalation: The application of tariff rates on raw materials that are lower than on processed versions of the [...]...
- Tariff Rates Column 2 Rates and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Column 2 Rates: US tariff rates assessed on imports from countries not receiving most- favored-nationtreatment. Most [...]...
- Tariff Binding Tariff Binding and International Trade Resources See Also binding ...
- Tariff Peaks Tariff Peaks and International Trade Resources See Also harmonization...
- Tariff Nomenclature Brussels Tariff Nomenclature (BTN) and International Trade Resources See Also Harmonized System...
- Tariff Surcharge Tariff Surcharge and International Trade Resources See Also import surcharge...
- Tariff Code In the United States For information about Tariff Code in the context of international trade, click here...
- Tariff Biding Tariff Biding in International Trade Meaning of Tariff Biding, according to the Dictionary of International Trade (Global Negotiator): Commitment not to increase a rate of duty beyond an agreed level. Once a rate of duty is bound, it may not be raised without compensating the affected parties....
- Tariff Policy Related Fields Related topics include: International Trade Find this subject in this World legal encyclopedia. Trade Regulation Find this subject in this World legal encyclopedia. International Economic Law Find this subject in this World legal encyclopedia. Export License Find this subject in [...]...
- Tariff Agreement Resources See Also International Trade Trade Regulation International Economic Law Export License International Trade Law Foreign Trade Safeguard...
- Tariff Reduction Resources See Also International Trade Trade Regulation International Economic Law Export License International Trade Law Foreign Trade Safeguard Tariff Policy...
- Tariff Reform Resources See Also International Trade Trade Regulation International Economic Law Export License International Trade Law Foreign Trade Safeguard Tariff Policy...
- Temporary Tariff Surcharge An increased rate of duty on imports temporarily applied, usually to aid in correcting a balance of payments deficit.......
- Dead Freight A payment made by a charterer to the owner of a vessel as compensation for stowing the ship to less than its capacity. The charterer is bound to ship a "full and complete cargo"; since freight is payable only on the cargo actually shipped, failure to deliver a full load deprives the [...]...
- Distance Freight Additional freight monies due to a vessel owner by the charterer when, in the opinion of the ship's captain, ice conditions preclude discharge at the intended port and the vessel must divert to an alternative, more distant port. As a practical matter, such additional freight is not charged unles......
- Distress Freight Cargo carried by a ship at a depressed freight rate because, in the absence of that cargo, the vessel would be obliged to sail empty or nearly so to its next port. The term is used most commonly in connection with tramp vessels.......
- Freight Summary of Freight The earnings that a carrier derives from the carriage of merchandise. Freight should not be confused with cargo, which is the merchandise itself. Also, the term freight is used to represent payment made by a charterer to the vessel's owner for use of a ship under a [...]...
- Rebate (Freight) In trade routes not involving the United States (e.g., Japan to Europe), the practice is legal and accepted. Rebating is often institutionalized in the merchant's contract with a Conference (read this legal term for further details), wherein ......
- Container Freight Station A warehouse or terminal licensed by U.S. Customs to receive in-bond consolidations of containerized cargo. The containers delivered to this station carry imported merchandise in small lots destined to many consignees; the goods will be removed from the containers under customs supervision and [...]...
- Freight-Allowed Pricing Synonymous with zone-delivered pricing (read this and related legal terms for further details).......
- Freight, All Kinds Rate A fixed charge levied by a carrier to ship a container, trailer, car, et cetera, from one point to another, irrespective of the contents. A FAK rate supersedes class or commodity rates. The shipper, in effect, pays a flat charge to move the unit and may ship whatever he wishes up to the rated capaci......
- Flexible Tariff Special Drawing Ria customs tariff in which rates of duty can be raised or lowered by administrative action. In the United States the Reciprocal Trade Agreements Act of 1934 and other legislation have authorized the President to adjust duty rates downward in response to concessions from other nation......
- Linear Tariff Cut A reduction in customs tariffs, on an across-the-board basis, by a given percentage.......
- Memorandum Tariff An abstract of a freight tariff. This document, usually published by carriers in a given trade, contains selected rates and other information extracted from the official tariff. The purpose of a memorandum tariff is to highlight information of wide interest.......
- Scientific Tariff A concept in which duties would fluctuate and be levied on an item-by-item, shipment-by-shipment basis, so as to equalize the cost of imports and their domestic counterparts. The object of this plan is to put imported and domestic products on an equally competitive basis. To do so, however, would be......
- Transit Tariff A duty or tax imposed by a nation on merchandise crossing its territory en route from one country to another. Transit tariffs have been abolished by all major nations but are still imposed by some developing nations as a source of revenue.......
- Unilinear Tariff Synonymous with general TARIFF (read this and related legal terms for further details). Union D'Assureurs Des Credits Inter- Nationaux. The full, formal name of the Berne Union (...
- Valuation Tariff A customs tariff in which ad valorem duties are applied not on the sale or commercial value of the merchandise, but on a nominal value for the product prescribed by governmental authority. For example, sheet steel might carry a duty of 5 percent ad valorem, but the tariff prescribes that the value f......
- Tariff Schedule Tariff Schedule and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Tariff Schedule: A comprehensive list of the goods, which a country imports, and the import duties applicable to each [...]...
- Tariff Classification In the United States For information about Tariff classification in the context of international trade, click here...
- Tariff Quotas Tariff Quotas in International Trade Meaning of Tariff Quotas, according to the Dictionary of International Trade (Global Negotiator): Application of a higher tariff rate to imported goods after a specified quantity of the product has entered the country at a lower prevailing rate. See quota....
- Tariff Negotiation Resources See Also International Trade Trade Regulation International Economic Law Export License International Trade Law Foreign Trade Safeguard Tariff Policy...
- Common External Tariff Summary of Common External Tariff The uniform customs tariff applied by all the member states of a customs union or common market to imports from nonmember nations.(Main Author: William J. Miller) Common External Tariff and the GATT Policy Negotiations In relation to the GATT [...]...
- Sliding Scale Tariff A customs tariff in which rates of DUTY (read this and related legal terms for further details) vary according to the price of a given import. Usually, as the price of the item declines, the duty is reduced. Duties may b......
- Tariff Rate Quota Tariff Rate Quota (TRQ) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Tariff Rate Quota (TRQ): Alternative term for tariff quota....
- Freight Broker Synonymous with Cargo Broker (read this and related legal terms for further details), in vessel charter transactions.......
- Air Freight Definition of Air Freight in International Trade The following is a concept of Air Freight in the context of international trade law, from the Dictionary of International Trade (Global Negotiator): A service providing for the air transport of goods. The volume of air freight has been [...]...
- Air Freight Consolidator Definition of Air Freight Consolidator in International Trade The following is a concept of Air Freight Consolidator in the context of international trade law, from the Dictionary of International Trade (Global Negotiator): A company that obtains a low freight-of-all-kinds freight rate from [...]...
- Air Freight Forwarder Definition of Air Freight Forwarder in International Trade The following is a concept of Air Freight Forwarder in the context of international trade law, from the Dictionary of International Trade (Global Negotiator): A freight forwarder for shipments by air. In many respects, air freight [...]...
- Bulk Freight Bulk Freight in International Trade Meaning of Bulk Freight, according to the Dictionary of International Trade (Global Negotiator): Freight not in packages or containers. For example, grain or timber....
- 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 [...]...
- Freight Collect Freight Collect in International Trade Meaning of Freight Collect, according to the Dictionary of International Trade (Global Negotiator): A shipping arrangement whereby the carrier collects its freight charges from the consignee rather than from the shipper. This usually happens when the [...]...
- Freight Forwarder Freight Forwarder in International Trade Meaning of Freight Forwarder, according to the Dictionary of International Trade (Global Negotiator): A person engaged in the business of assembling, collection, consolidating, shipping and distributing less-than-carload or less-than-truckload freight. [...]...
- Freight of All Kinds Freight of All Kinds in International Trade Meaning of FAK (Freight of All Kinds), according to the Dictionary of International Trade (Global Negotiator): Freight rate applicable to all types of goods and therefore is not restricted to a particular commodity. FAK freight rates are quoted [...]...
- Freight Prepaid Freight Prepaid in International Trade Meaning of Freight Prepaid, according to the Dictionary of International Trade (Global Negotiator): A shipping arrangement whereby the carrier is paid its freight charges by the shipper rather than by the consignee. This usually happens when the contract [...]...
- Freight Prepayable Freight Prepayable in International Trade Meaning of Freight Prepayable, according to the Dictionary of International Trade (Global Negotiator): Terminology designed by carriers to provide transportation documentation indicating the freight charges are for the account of the shipper, while no [...]...
- Freight Rate LCL/fcl in International Trade Meaning of LCL/fcl, according to the Dictionary of International Trade (Global Negotiator): A way of quoting container freight rates in which the carrier agrees to pack the container at the outset (LCL) but unpacking at destination must be carried out by the [...]...
- Freight Rebate Freight Rebate in International Trade Meaning of Freight Rebate, according to the Dictionary of International Trade (Global Negotiator): A refund of a portion of previously paid transportation charges, usually in return for the shipper's tendering a certain volume of freight to the [...]...
- Guaranteed Freight Guaranteed Freight in International Trade Meaning of Guaranteed Freight, according to the Dictionary of International Trade (Global Negotiator): Freight charges that are not prepaid but are payable whether the cargo is delivered or not, provided that failure to deliver resulted from causes [...]...
- Unclaimed Freight Unclaimed Freight in International Trade Meaning of Unclaimed Freight, according to the Dictionary of International Trade (Global Negotiator): Freight that has not been called for or picked up by the consignee or owner....
- Freight Forwarding Resources See Also International Trade Trade Regulation International Economic Law Export License International Trade Law Foreign Trade Safeguard Transport...
- Customary Freight Unit As used within the context of the Carriage of Goods by Sea Act, the unit upon which freight is assessed on bulk or unpackaged cargoes. The act provided that a carrier's liability for loss or damage to cargo shall be limited (in the 1980s) to $500 per package, or "other customary freight uni......
- Foreign Freight Forwarder A firm, licensed by the Federal Maritime Commission, that serves as the agent of a merchant in arranging the shipment of goods by water. Among other services, the forwarder obtains vessel space, prepares documents, and arranges delivery of merchandise to the pier.The forwarder is paid a......
- Ocean Freight Differential A sum rep resenting the difference in freight costs associated with moving subsidized agricultural exports on American rather than cheaper foreign vessels. The differential is provided for shipments under the Agricultural Trade Development And Assistance Act (...
- Cost, Insurance and Freight (CIF) Cost, Insurance and Freight in International Trade Meaning of Cif Cost, Insurance and Freight, according to the Dictionary of International Trade (Global Negotiator): In this Incoterms, the seller has the same obligations as under CFR but with the addition hat he has to procure marine [...]...
- International Tanker Nominal Freight Scale A schedule of nominal rates for movements of tankers between world ports. Publication was ceased in 1969; it has been succeeded by Worldscale (read this and related legal terms for further details).......
- Export Tariff A tax or duty levied by a governmental authority upon the exportation of a product. Such taxes upon exports have been abolished by all major trading nations but are still retained by some developing nations, particularly on exports of mineral or agricultural commodities, as a source of state revenu......
- General Tariff A tariff schedule in which a single rate of duty applies to a given commodity irrespective of the country of origin. A general tariff makes no provision for preferential duties.......
- Protective Tariff Spanish Translation of protective tariffThis is the legal translation of English to Spanish in relation to protective tariff and / or a definition of this topic: Bonificación Arancelaria (in Spanish, without translation of the dictionary entry)....