Tariffs and Customs Terms A.1.07

Question 1

an aircraft that transports cargo only

Answer 1

all- cargo carrier

Question 2

a quotation for freight rates wherein all charges are added to the basic cost

Answer 2

all-in quotation

Question 3

a term used when a moving vessel crashes against a stationary vessel. Compare with collision

Answer 3

allision

Question 4

a system wherein a nation’s imports from various suppliers are fixed in advance, of allocated among the domestic importers

Answer 4

allocated quota system

Question 5

an order that must be filled in its entirely, otherwise no other is made at all

Answer 5

all or none

Question 6

a marine cargo insurance clause that provides coverage to other marine perils similar to those principally covered by the policy. It includes every accident not due to ordinary wear and tear, delay, or act of the assured, which occurs during navigation

Answer 6

all other perils and misfortunes

Question 7

a share or apportionment in the capacity of means of transport (like a ship) to load cargo. This is made when cargo is being booked for a particular voyage

Answer 7

allotment

Question 8

a clause in a marine insurance contract that provides coverage to all cargo loss or damage, except, for the inherent defect of the cargo, delay in delivery, insufficient packing, loss of market

Answer 8

all risk clause

Question 9

an Insurance contract with an “all risk” clause

Answer 9

all risk policy

Question 10

a phrase used regarding dispatch, which is paid by the shipowner to the vessel’s charterer if it is able to save time in cargo loading and unloading

Answer 10

all time saved both ends

Question 11

a phrase in a charter contract that means the cargo capacity of the ship represents her total deadweight capacity, plus bankers, water, dunnage, stores, spare parts

Answer 11

all told

Question 12

literally, the side of a ship. The phrase “goods delivered alongside” means that they are placed on the dock, barges, or lighter, at the ship’s side, prior to loading

Answer 12

alongside

Question 13

refers to the index of commodities indicated in the Harmonized System Code

Answer 13

Alphabetical Index

Question 14

a term used in a cargo manifest to indicate that the goods will be delivered to another importer or consignee

Answer 14

also notify

Question 15

a duty imposed to offset the disadvantages in imposing both ad valorem and specified duties

Answer 15

alternative duty

Question 16

a phrase in a charter contract that means a ship cannot be tugged to a berth due to shallow waters. As such, she can only load or unload cargo during spring tide, or through lighters or barges

Answer 16

Always [safety] afloat

Question 17

a change in the details of an entry, manifest, Clean Report of Findings (CRF), and any import document, to reflect the true nature of a shipment, its quantity, weight, value, and the like.

Answer 17

amendment

Question 18

2. an alteration to a documentary credit. Advice of any alteration comes from the issuing bank only and must be advised to the beneficiary through the advising bank. An irrevocable letter of credit can only be altered with the consent of all parties to the credit.

Answer 18

amendment

Question 19

a U.S. agency that sets rules and regulations on classification of sea-going vessels and their equipment

Answer 19

American Bureau of Shipping

Question 20

a center that gives American firms trade opportunities in the new states of the former Soviet Union (e.g., Russia and Estonia); through provision of telephone and fax units, temporary office space; market information.

Answer 20

American Business Center

Question 21

also known as the American Business and Private Sector Development Initiative for Eastern Europe, it supports American export of telecommunications, energy, environment, housing, agriculture products, and services to Eastern Europe.

Answer 21

American Business Initiative

Question 22

a non-profit corporation (in lieu of an embassy) that represents U.S. commercial, cultural, and other interest in Taiwan

Answer 22

American Institute in Taiwan

Question 22

an American institute, which, through its various committees, sets standards for the application of technology and industrial mechanics

Answer 22

American National Standards Institute

Question 23

a compilation of client information used by the U.S. Foreign Commercial Service headquarters to serve as mailing list

Answer 23

American Traders Index

Question 24

an association of American barge operators plying inland waterways

Answer 24

American Waterways Operators