Resource  |  Career
 
 
 
 
Search Glossary:
 
 

A.I.D.

Agency for International Development.

A.T.A.

American Trucking Association.

AA

Always Afloat.
A contract term requiring that the vessel not rest on the ground. In some ports the ship is aground when approaching or at berth

AAR

Abbreviation for:
- Against All Risks (insurance clause).
- Association of American Railroads.

Abaft

A point beyond the midpoint of a ship's length, towards the rear or stern.

Abandon

A proceeding wherein a shipper/consignee seeks authority to abandon all or parts of their cargo.

Abatement

A discount allowed for damage or overcharge in the payment of a bill.

ABI

U.S. Customs' "Automated Broker Interface," by which brokers file importers' entries electronically.

Aboard

Referring to cargo being put, or laden, onto a means of conveyance.

Absorption

One carrier assumes the charges of another without any increase in charges to the shipper.

Acceptance

- A time draft (or bill of exchange) that the drawee (payer) has accepted and is unconditionally obligated to pay at maturity.
- Broadly speaking, any agreement to purchase goods under specified terms.

Accessorial Charges

Charges that are applied to the base tariff rate or base contract rate, e.g., bunkers, container, currency, destination/delivery.

Acquiescence

When a bill of lading is accepted or signed by a shipper or shipper's agent without protest, the shipper is said to acquiesce to the terms, giving a silent form of consent.

Acquittance

A written receipt in full, in discharge from all claims.

ACS (A.C.S.) or ACE

U.S. Customs' master computer system, "Automated Commercial Systems." Now being replaced by the Automated Commercial Environment system.

Act of God

An act beyond human control, such as lightning, flood or earthquake.

Ad Valorem

A term from Latin meaning, "according to value." Import duty applied as a percentage of the cargo's dutiable value.
 

Administrative Law Judge

A representative of a government commission or agency vested with power to administer oaths, examine witnesses, take testimony, and conduct hearings of cases submitted to, or initiated by, that agency. Also called Hearing Examiner.

Admiralty (Adm.)

Refers to marine matters such as an Admiralty Court.

Advance

To move cargo up line to a vessel leaving sooner than the one booked. See also Roll.
 

Advanced Charge

Transportation charge advanced by one carrier to another to be collected by the later carrier from the consignor or consignee.

Advanced Notice of Arrival (ANOA)

Any vessel entering United States waters from a foreign port is required to give a 96–hour ANOV. Any vessel of 300 gross registered tonnage and greater is required to give the ANOA to the U.S. Coast Guard's National Vessel Movement Center. Any vessel under 300 gross registered tons is required to give the ANOA to the appropriate Captain of the Port.

Adventure

Shipment of goods on shipper's own account. A bill of adventure is a document signed by the master of the ship that carries goods at owner's risk. Also, a term used in some insurance policies to mean a voyage or a shipment.

Advice of Shipment

A notice sent to a local or foreign buyer advising that shipment has gone forward and containing details of packing, routing, etc. A copy of the invoice is often enclosed and, if desired, a copy of the bill of lading.

Advising Bank

A bank operating in the seller's country that handles letters of credit on behalf of a foreign bank.

 
Total: 57 Records, Display 1-25