CAD |
See
Cash Against Documents |
|
CAF |
See
Currency Adjustment Factor |
|
CENSA |
Council of European and Japanese National Shipowner's
Associations. |
|
Cabotage |
1. Transport of goods between
two ports or places located in the same country.
2. Transport of cargo in a
country other than the country where the vehicle is registered
road-cargo).
3. The carriage of a
container from a surplus area to an area specified by the
Owner of that container, in exchange of which and during which
the operator can use this container. |
|
Call |
The visit of a vessel to a port. |
|
Call Sign |
A code published by the
International Telecommunication Union in its annual List of
Ships' Stations to be used for the information interchange
between vessels, port authorities and other relevant
participants in international trade.
Note: The
code structure is based on a three digit designation series
assigned by the ITU and a one digit assigned by the country of
registration. (PDHP =P&O Nedlloyd Rotterdam) |
|
Camber |
Slightly arched form of container-floors to strengthen the
construction. |
|
Capacity |
1. The ability, in a given
time, of a resource measured in quality and quantity.
2. The quantity of goods
which can be stored in or loaded into a warehouse, store
and/or loaded into a means of transport at a particular time.
|
|
Capacity Control |
Process of registering and steering of capacity. |
|
Capstan |
Mechanical device with drum having a vertical spindle used to
tighten or slacken mooring ropes or to haul an anchor.
|
|
Cargo |
1. Goods transported or to be
transported, all goods carried on a ship covered by a B/L.
2. Any goods, wares,
merchandise, and articles of every kind whatsoever carried on
a ship, other than mail, ship's stores, ship's spare parts,
ship's equipment, stowage material, crew's effects and
passengers' accompanied baggage (IMO).
3. Any property carried on
an aircraft, other than mail, stores and accompanied or
mishandled baggage Also referred to as 'goods' (ICAO).
|
|
Cargo Assembly |
The separate reception of parcels or packages and the holding
of them for later despatch as one consignment (air cargo). |
|
Cargo Disassembly |
The separation of one or more of the component parts of a
consignment (from other parts of such consignment) for any
purpose other than that of presenting such part or parts to
customs authorities at the specific request of such
authorities (air cargo). |
|
Cargo Handling |
All procedures necessary to enable the physical handling of
goods. |
|
Cargo Restriction Code |
A
code indicating that the use of a certain container is
restricted to particular cargo. |
|
Cargo Tracer |
A
document sent by the agent to all relevant parties, stating
that certain cargo is either missing or over-landed. |
|
Cargo Unit |
A
vehicle, container, pallet, flat, portable tank or any other
entity or any part thereof which belongs to the ship but is
not permanently attached to that ship. |
|
Carriage |
The process of transporting (conveying) cargo, from one point
to another. |
|
Carriage Paid To (...named place of destination) |
Abbreviation: CPT |
See
Inco Terms |
|
Carriage and Insurance Paid To (...named place of destination) |
Abbreviation: CIP |
See
Inco Terms |
|
Carrier |
The party undertaking transport of goods from one point to
another. |
|
Carrier Haulage |
The inland transport service, which is performed by the
sea-carrier under the terms and conditions of the tariff and
of the relevant transport document. |
|
Carriers Bill of
Lading Ports |
Terminal, Pre-terminal port or
Post-terminal Port as per tariff, indicated on the Bill of
Lading and which is not the port physically called at by
Carriers' ocean vessels.
Note: Under normal circumstances in the B/L only
ports should be mentioned which are actually called at. |
|
Carriers' Lien |
When the shipper ships goods 'collect', the carrier has a
possessory claim on these goods, which means that the carrier
can retain possession of the goods as security for the charges
due. |
|
Carrying Temperature |
Required cargo temperature during transport and storage. |
See also:
Setting/Air Delivery Temperature |
|
Cartage |
See
Haulage |
|
Cash Against Documents |
Abbreviation: CAD |
Terms of payment: if the buyer of goods pays for the goods
against transfer of the documents, entitling him to obtain
delivery of the goods from the carrier. |
|
Cash On Delivery |
Abbreviation: COD |
Terms of payment: if the carrier collects a payment from the
consignee and remits the amount to the shipper (air cargo). |
|
Caveat Emptor |
Let the buyer beware, purchaser must ascertain the condition
of the goods to be purchased prior to the purchase. |
|
Cavitation |
The formation of partial vacuum bubbles on submerged surfaces
caused by low pressure arising from a hydrodynamic flow as a
result of mechanical force, usually associated with the use of
propellers. The collapse of the bubbles causes surface damage
and pits. |
|
Cell |
Location on board of a container vessel where one container
can be stowed. |
|
Cell Position |
The location of a cell on board of a container vessel
identified by a code for successively the bay, the row and the
tier, indicating the position of a container on that vessel. |
|
Cell-guide |
Steel bars and rails used to steer containers during loading
and discharging whilst sliding in the ship. |
|
Cellular Vessel |
A
vessel, specially designed and equipped for the carriage of
containers. |
|
Central Warehouse |
A
warehouse which performs central functions for a number of
warehouses. |
|
Centre of Gravity |
Point at which the entire weight of a body may be considered
as concentrated so that if supported at this point the body
would remain in equilibrium in any position. |
|
Certificate |
A
document by which a fact is formally or officially attested
and in which special requirements and conditions can be
stated. |
|
Certificate of Analysis |
A
document, often required by an importer or governmental
authorities, attesting to the quality or purity of
commodities. The origin of the certification may be a chemist
or any other authorised body such as an inspection firm
retained by the exporter or importer. In some cases the
document may be drawn up by the manufacturer certifying that
the merchandise shipped has been tested in his facility and
found conform to the specifications. |
|
Certificate of
Classification |
A
certificate, issued by the classification society and stating
the class under which a vessel is registered. |
|
Certificate of Delivery |
A
certificate, indicating the condition of a vessel upon
delivery for a charter including ballast, available bunkers
and fresh water. |
|
Certificate of Free Sale |
A
certificate, required by some countries as evidence that the
goods are normally sold on the open market and approved by the
regulatory authorities in the country of origin. |
|
Certificate of Origin |
A
certificate, showing the country of original production of
goods. Frequently used by customs in ascertaining duties under
preferential tariff programmes or in connection with
regulating imports from specific sources. |
|
Certificate of Redelivery |
A
certificate, indicating the condition of a vessel upon
redelivery from a charter including ballast, available bunkers
and fresh water. |
|
Certification Authority (Key Management) |
The certification authority is the central party of a key
management system. It provides certificates to the users so
that ?trust? can be established between different users based
on the ?trust? between the Registration Authority and users.
These certificates are furthermore made available in one or
more directories which can be accessed by all users. |
|
Chain Conveyor |
A
conveyor consisting of two or more strands of chain running in
parallel tracks with the loads carried directly on the chains. |
|
Chain-Locker |
Compartment at the forward part of the ship designed for the
storage of the anchor chain. |
|
Charge |
An
amount to be paid for carriage of goods based on the
applicable rate of such carriage, or an amount to be paid for
a special or incidental service in connection with the
carriage of goods. |
|
Charge Type |
A
separate, identifiable element of charges to be used in the
pricing/rating of common services rendered to customers. |
|
Charter Contract |
See
Charter Party |
|
Charter Party |
1. A contract in which the
shipowner agrees to place his vessel or a part of it at the
disposal of a third party, the charterer, for the carriage of
goods for which he receives a freight per ton cargo, or to let
his vessel for a definite period or trip for which a hire is
paid.
2. synonym: Charter
Contract. |
|
Charterer |
The legal person who has signed a charter party with the owner
of a vessel or an aircraft and thus hires or leases a vessel
or an aircraft or a part of the capacity thereof. |
|
Chassis |
1. A wheeled carriage onto
which an ocean container is mounted for inland conveyance
2. The part of a motor
vehicle that includes the engine, the frame, suspension
system, wheels, steering mechanism etc., but not the body.
|
|
Claim |
A
charge made against a carrier for loss, damage or delay. |
|
Classification |
Arrangement according to a systematic division of a number of
objects into groups, based on some likeness or some common
traits. |
|
Classification Society |
An
Organisation, whose main function is to carry out surveys of
vessels, its purpose being to set and maintain standards of
construction and upkeep for vessels, their engines and their
safety equipment. A classification society also inspects and
approves the construction of P&O Nedlloyd containers. |
|
Clean Bill of Lading |
A
Bill of Lading which does not contain any qualification about
the apparent order and condition of the goods to be
transported (it bears no stamped clauses on the front of the
B/L). It bears no superimposed clauses expressly declaring a
defective condition of the goods or packaging (resolution of
the ICS 1951). |
|
Clean on Board |
When goods are loaded on board
and the document issued in respect to these goods is clean.
Note: Through the usage of the UCP 500 rules the
term has now become superfluous. |
|
Clearance Terminal |
Terminal where Customs facilities for the clearance of goods
are available. |
|
Cleared Without
Examination |
Abbreviation: CWE |
Cleared by customs without inspection. |
|
Client |
A
party with which a company has a commercial relationship
concerning the transport of e.g. cargo or concerning certain
services of the company concerned, either directly or through
an agent. |
|
Clip on Unit |
Abbreviation: COU |
Detachable aggregate for a temperature controlled container
(Conair). |
|
Closed Ventilated
Container |
A
container of a closed type, similar to a general purpose
container, but specially designed for carriage of cargo where
ventilation, either natural or mechanical (forced), is
necessary. |
|
Co-loading |
The loading, on the way, of cargo from another shipper, having
the same final destination as the cargo loaded earlier.
|
|
Co-makership |
The long-term relationship between e.g. a supplier or a
carrier and a customer, on the basis of mutual confidence. |
|
Co-shippership |
See
Co-makership |
|
Coaming |
Structure around the hatch or door opening of a ship intended
to provide seating for the cover, to stiffen the deck or
plates and to prevent the ingress of water. |
|
Coaster |
A
relative small ship plying between coastal ports. |
|
Code |
A
character string that represents a member set of values. |
|
Code List |
The complete set of code values for a data item. |
|
Cofferdam |
An
empty space on board of a vessel between two bulkheads or two
decks separating oil tanks from each other and/or the engine
room or other compartments. |
|
Collapsible Container |
Container which can be easily folded, disassembled and
reassembled. |
|
Combination Charge |
An
amount which is obtained by combining two or more charges. |
|
Combination Chassis |
A
chassis which can carry either one forty foot or thirty foot
container or a combination of shorter containers e.g. 2 x 20
foot. |
|
Combined Transport |
Intermodal transport where the major part of the journey is by
one mode such as rail, inland waterway or sea and any initial
and/or final leg carried out by another mode such as road. |
|
Combined Transport
Bill of Lading |
See
Bill of Lading R302 |
|
Combined Transport
Document |
Abbreviation: CTD |
Negotiable or non-negotiable
document evidencing a contract for the performance and/or
procurement of performance of combined transport of goods.
Thus a combined transport document is a document issued by a
Carrier who contracts as a principal with the Merchant to
effect a combined transport often on a door-to-door basis. |
|
Combined Transport
Operator |
Abbreviation: CTO |
A
party who undertakes to carry goods with different modes of
transport. |
|
Commercial Invoice |
A
document showing commercial values of the transaction between
the buyer and seller. |
|
Commodity |
Indication of the type of goods. Commodities are coded
according to the harmonised system. |
|
Commodity Box Rate |
A
rate classified by commodity and quoted per container. |
|
Commodity Code |
Code used in the Harmonised System for the classification of
goods, which are most commonly produced and traded. |
|
Commodity Item Number |
Specific description number required in air transport to
indicate that a specific freight rate applies. |
|
Common Access Reference |
A
key to relate all subsequent transfers of data to the same
business case or file. |
|
Compagneurs
Nationales des Conteneurs |
Abbreviation: CNC affiliate of the French National Railways
for Container traffic. |
|
Compass |
Instrument used for showing the direction of north and the
relative heading of the ship compared with this direction. |
|
Component |
A uniquely identifiable product
that is considered indivisible for a particular planning or
control purpose, and/or which cannot be decomposed without
destroying it.
Note: A component for one organisational group may
be the final assembly of another group (e.g. electric motor). |
|
Compradore |
A
local advisor or agent employed by a foreign party or company
who acts as an intermediary in transactions with local
inhabitants. |
|
Computer Virus |
A
program that can infect other programs by modifying them to
include a possibly evolved copy of itself. |
|
Conair Container |
Thermal container served by an
external cooling system (e.g. a vessel's cooling system or a
Clip On Unit), which regulates the temperature of the cargo.
Note: Conair is a brand name. |
|
Conditions |
1. Anything called for as
requirements before the performance or completion of something
else.
2. Contractual stipulations
which are printed on a document or provided separately.
|
|
Conditions of Carriage |
The general terms and conditions established by a carrier in
respect of the carriage (air cargo). |
|
Conditions of Contract |
Terms and conditions shown on the Air Waybill (air cargo). |
|
Cones |
Devices for facilitating the loading, positioning and lashing
of containers. The cones insert into the bottom castings of
the container. |
|
Conference |
See
Liner conference |
|
Congestion |
Accumulation of vessels at a port to the extent that vessels
arriving to load or discharge are obliged to wait for a vacant
berth. |
|
Connecting Carrier |
A
carrier to whose services the cargo is to be transferred for
onward connecting transport (air cargo). |
|
Connecting Road Haulage |
See
Drayage |
|
Consensus |
General agreement, characterised by the absence of sustained
opposition to substantial issues by any important part of
concerned interests and by a process that involves seeking to
take into account the views of all parties concerned and to
reconcile any conflicting arguments. Consensus needs not to
imply unanimity. |
|
Consignee |
The party such as mentioned in the transport document by whom
the goods, cargo or containers are to be received. |
|
Consignment |
A
separate identifiable number of goods (available to be)
transported from one consignor to one consignee via one or
more than one modes of transport and specified in one single
transport document. |
|
Consignment Instructions |
Instructions from either the
seller/consignor or the buyer/consignee to a freight
forwarder, carrier or his agent, or other provider of a
service, enabling the movement of goods and associated
activities. The following functions can be covered:
- Movement and handling of
goods (shipping, forwarding and stowage).
- Customs formalities.
- Distribution of
documents.
- Allocation of documents
(freight and charges for the connected operations).
- Special instructions
(insurance, dangerous goods, goods release, additional
documents required).
|
|
Consignment Note |
A
document prepared by the shipper and comprising a transport
contract. It contains details of the consignment to be carried
to the port of loading and it is signed by the inland carrier
as proof of receipt. |
|
Consignment Stock |
The stock of goods with an external party (customer) which is
still the property of the supplier. Payment for these goods is
made to the supplier at the moment when they are sold (used)
by this party. |
|
Consignor |
See
Shipper |
|
Consolidate |
To
group and stuff several shipments together in one container. |
|
Consolidated Container |
Container stuffed with several shipments (consignments) from
different shippers for delivery to one or more consignees. |
|
Consolidation |
The grouping together of smaller consignments of goods into a
large consignment for carriage as a larger unit in order to
obtain a reduced rate. |
|
Consolidation Point |
Location where consolidation of consignments takes place. |
|
Consolidator |
A
firm or company which consolidates cargo. |
|
Consortium |
Consortium is a form of co-operation between two or more
carriers to operate in a particular trade. |
|
Consular Invoice |
An
invoice covering shipment of goods certified by a consular
official of the destination country, and used normally by
customs or officials concerned with foreign exchange
availability to ascertain the correctness of commercial
invoice values. |
|
Container |
An item of equipment as defined
by the International Organisation for Standardisation (ISO)
for transport purposes. It must be of:
1. a permanent character and
accordingly strong enough to be suitable for repeated use.
2. specially designed to
facilitate the carriage of goods, by one or more modes of
transport without intermediate reloading.
3. fitted with devices
permitting its ready handling, particularly from one mode of
transport to another.
4. so designed as to be easy
to fill and empty.
5. having an internal volume
of 1 m3 or more.
The term container
includes neither vehicles nor conventional packing.
|
|
Container Bolster |
A container floor without sides
or end walls which does not have the ISO corner fittings and
is generally used for Ro/Ro operations.
Note: A bolster cannot be handled either full or
empty by a container spreader without special gear. |
|
Container Chassis |
A
vehicle specially built for the purpose of transporting a
container so that, when container and chassis are assembled,
the produced unit serves as a road trailer. |
|
Container Check Digit |
The 7th digit of the serial number of a container used to
check whether prefix and serial number are correct. |
|
Container Depot |
Storage area for empty containers. |
|
Container Freight Station |
Abbreviation: CFS |
A
facility at which (export) LCL cargo is received from
merchants for loading (stuffing) into containers or at which
(import) LCL cargo is unloaded (stripped) from containers and
delivered to merchants. |
|
Container Lease |
The contract by which the owner of containers (lessor) gives
the use of containers to a lessee for a specified period of
time and for fixed payments. |
|
Container Load Plan (CLP) |
A
list of items loaded in a specific container and where
appropriate their sequence of loading. |
|
Container Logistics |
The controlling and positioning of containers and other
equipment. |
|
Container Manifest |
The document specifying the contents of particular freight
containers or other transport units, prepared by the party
responsible for their loading into the container or unit. |
|
Container Moves |
The number of actions performed by one container crane during
a certain period. |
|
Container Number |
Identification number of a container consisting of prefix and
serial number and check digit. (e.g. KNLU 123456-7) |
See also:
Container Serial Number and Container Prefix |
|
Container Owner
|
A
party who has a container at his disposal and who is entitled
to lease or sell the container. |
|
Container Platform |
A
container floor without sides or end walls, which can be
loaded by spreader directly and is generally, used for Lo-Lo
operations. |
|
Container Pool |
A
certain stock of containers which is jointly used by several
container carriers and/or leasing companies. |
|
Container Prefix |
A
four letter code that forms the first part of a container
identification number indicating the owner of a container. |
|
Container Safety
Convention |
Abbreviation: CSC |
International convention for safe containers. |
|
Container Serial Number |
A
seven digit serial number (6 plus 1 Check Digit) that forms
the second part of a container identification number. |
|
Container Service Charges |
Charges to be paid by cargo interests as per tariff. |
|
Container Size Code |
An
indication of 2 digits of the nominal length and nominal
height. |
See also:
Size/Type ISO6346 |
|
Container Size/Type |
Description of the size and type of a freight container or
similar unit load device as specified in ISO6346. |
|
Container Stack |
Two or more containers, one placed above the other, forming a
vertical column. |
See also:
Stack |
|
Container Sublease |
Contract by which a carrier gives the use of containers to
another carrier for a specified period of time and for fixed
payments. |
|
Container Terminal |
Place where loaded and/or empty containers are loaded or
discharged into or from a means of transport. |
|
Container Type Code |
Two digits, the first of which indicates the category and the
second of which indicates certain physical characteristics or
other attributes. |
See also:
Container Size/Type ISO6346 |
|
Container Yard |
Abbreviation: CY |
A facility at which FCL traffic
and empty containers are received from or delivered to the
Merchant by or on behalf of the Carrier.
Note: Often this yard is used to receive goods on
behalf of the merchant and pack these in containers for FCL
traffic. |
|
Containerised |
Indication that goods have been stowed in a container. |
|
Contraband |
Goods forbidden by national law to be imported or exported. |
|
Contract |
An
agreement enforceable by law between two or more parties
stipulating their rights and obligations which are required by
one or both parties to acts or forbearance by the other or
both. |
|
Contract Logistics |
The contracting out of all the warehousing, transport and
distribution activities or a part thereof by manufacturing
companies. |
|
Contract of Affreightment |
An
agreement whereby the shipowner agrees to carry goods by
water, or furnishes a vessel for the purpose of carrying goods
by water, in return for a sum of money called freight. There
are two forms: the charter party and the contract contained in
the Bill of Lading. |
|
Contractual Port of
Loading |
A port at which an ocean vessel
does not call, but which is equalised with the actual port of
call and upon which inland haulage services and inland tariffs
are based.
Note: Generally speaking it is seen as the port to
be mentioned on the B/L from which cargo is accepted (e.g.
delivered by the consignee for sea transport). |
|
Control |
The registration and check on data and activities as well as
determining supervising procedures and changes related to
procedures. |
|
Convention Internationale Concernant le Transport des
Marchandises par Chemin de Fer |
Abbreviation: CIM |
International agreement, applied by 19 European railway
companies, setting out conditions for international railway
transport of goods and the liabilities of the carrier. |
|
Convention Relative au Contrat de Transport International de
Marchandise par Route |
Abbreviation: CMR |
Convention for the
international carriage of goods by road, setting out the
conditions of carriage and the liabilities of the carrier.
Note: Adherence to this set of regulations
reflects a desire to standardise items such as documentation
and rules on the carriers liability. |
|
Conventional Cargo |
See
Break Bulk Cargo |
|
Convertor Dolly |
An
auxiliary undercarriage assembly consisting of a chassis,
fifth wheel and towbar used to convert a semi-trailer or a
container chassis to a full trailer. |
|
Conveyance |
Transport of goods from one place to another. |
|
Conveyor |
A
mechanical device in the form of a continuous belt for
transporting cargo. |
|
Core Competence |
The combination of individual skills and use of technologies
that underlay the various products and or services of a
business. |
|
Core Data |
The fundamental set of data that is needed to convey the
essential minimum detail for a specific transaction type.
Ideally the detail should be all required pieces of
information with no, or at least the very minimum of, options. |
|
Core Master Data |
The fundamental set of data that is needed to establish
sufficient (but minimum) reference material to support the
maximum use of pre-code, pre-agreed information enabling
simple (minimum required content) transaction messaging. |
|
Core Systems |
Systems which are corporately owned and used globally. The
systems are managed and controlled by a global team of
specialists. The systems are considered as key for the general
functioning of the entire company. |
|
Corner Fittings |
Fittings located at the corners of containers providing means
of supporting, stacking, handling and securing the container. |
|
Corner Post |
Vertical structural member at either side of an 'end frame' of
a container joining a top and a bottom corner fitting (and
thereby forming a 'corner structure'). |
|
Correction Message |
A
substitution for what has been wrong in a prior data
interchange between computers in accordance with interchange
agreements. |
|
Cost
and Freight (...named port of destination) |
Abbreviation: CFR |
See
Inco Terms |
|
Cost, Insurance and Freight (...named port of destination) |
Abbreviation: CIF |
See
Inco Terms |
|
Council of European and Japanese National Shipowner's
Associations |
Abbreviation: CENSA |
The main objectives of this Organisation are to promote and
protect sound Shipping policies in all sectors of shipping, to
co-ordinate and present the views of its members and to
exchange views with other shipowner groups. |
|
Country of Departure |
Country from which a certain means of transport is scheduled
to depart or has departed. |
|
Country of Despatch |
Country from which the goods are shipped. |
|
Country of Origin |
Country in which the goods have been produced or manufactured,
according to criteria laid down for the purpose of application
of the customs tariff, of quantitative restrictions, or of any
other measure related to trade. |
|
Country of Provenance |
The country from which goods or cargo are sent to the
importing country. |
|
Crane |
A
machine designed for moving and lifting weight by means of a
movable projecting arm or a horizontal beam, which is able to
travel over a certain distance. |
|
Crew Member |
Any person actually employed for duties on board during a
voyage in the working or service of a ship and included in the
crew list (IMO). |
|
Critical Path Method |
A
network planning technique used for planning and controlling
the activities in a project. By showing each of these
activities and their associated times, the 'critical path' can
be determined. The critical path is the series of successive
activities which takes up most time and is therefore decisive
for the total lead time of the project. |
|
Cross Trades |
Term used in P&O Nedlloyd for the services of a vessel between
nations other than the nation in which the vessel is
registered (UNCTAD). |
|
Cruise Ship |
A
ship on an international voyage carrying passengers
participating in a group program and accommodated on board,
for the purpose of making scheduled temporary tourist visits
at one or more different ports, and which during the voyage
does not normally: (a) embark or disembark any other
passengers; (b) load or discharge any cargo. |
|
Currency |
A medium of exchange of value,
defined by reference to the geographical location of the
authorities responsible for it (ISO4217).
In general, the monetary unit involved in a transaction and
represented by a name or a symbol. |
|
Currency Adjustment
Factor |
Abbreviation: CAF |
Adjustment applied by P&O Nedlloyd lines or liner conferences
on freight rates to offset losses or gains for carriers
resulting from fluctuations in exchange rates of tariff
currencies. |
|
Customer |
See
Client |
|
Customer Pick Up |
Cargo picked up by a customer at a warehouse. |
|
Customer Service |
1. The way in which during a
commercial relationship the wishes and demands of the
(prospective) client are catered for.
2. Supporting activities at
the customer interface adding value to a product (CEN273).
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Customer Service Level |
A performance measure of
customer service.
Note: generally this is seen as the degree with
which customer orders can be executed, in accordance with the
terms which are generally accepted in the market. |
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Customs |
The department of the Civil Service that deals with the
levying of duties and taxes on imported goods from foreign
countries and the control over the export and import of goods
e.g. allowed quota prohibited goods. |
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Customs Broker |
An
authorised agent specialised in customs clearance procedures
on account of importers/exporters. |
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Customs Clearance Agent |
Customs broker or other agent of the consignee designated to
perform customs clearance services for the consignee. |
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Customs Invoice |
Document required by the customs in an importing country in
which an exporter states the invoice or other price (e.g.
selling price, price of identical goods), and specifies costs
for freight, insurance and packing etc., terms of delivery and
payment, for the purpose of determining the customs value in
the importing country of goods consigned to that country. |
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Customs Value |
The worth of an item or group of items expressed in a monetary
amount, within a consignment declared to Customs for duty and
statistical reasons. |
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Cybernetics |
The study of control processes in mechanical, biological,
electrical and information systems. |
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Cycle Stock |
That portion of stock available or planned to be available in
a given period for normal demand, excluding excess stock and
safety stock. |