Tariffs and Customs Terms B.1.18 Flashcards
Terms and meaning from Dictionary of Tariff and Customs Terms with organization and functions of the various Offices of the Bureau of Customs.
another name for draft or bill of exchange, a short name for a bank note or piece of paper money
bill
transportation agreement between two nations
bilateral transport agreement
an account rendered for money owed
bill
the determination of freight rate and total charges due on shipment as shown in a freight bill
billing
presentation of bills to buyers or customers for the price of goods received or services rendered
billing
a certificate issued by local medical authorities indicating favorable health conditions, in the port of origin or in the port of destination. It means that a vessel is free from contagious disease and has passed quarantine test. It must have been visaed before departure by the Consul of the country of destination
bill of health
a written contract between the shipper and the carrier evidencing receipt of commodities and constitutes a title of ownership over said goods. It may also be used as an instrument of ownership which can be bought, sold, or traded while the goods are in transit
bill of lading
a particular article, stipulation, or provision in a bill of lading
bill of lading clause
a freight payable for the use of a ship-based on the terms stated in a bill of lading, and according to the charter contract.
bill of lading freight
a list of parts and raw materials which constitute an assembly, and Show the quantity of each component item
bill of materials
a contract under which title to personal goods is transferred
bill of sale
an authority vested on a U.S. Customs officer to examine imported goods
bill of sight
a bill with several parts that refer to each other, the whole constituting one bill of exchange
bills in set
trailer a trailer that can carry different types of standard unit loads (e.g. the chassis for one 40-foot equivalent unit or two 20-foot equivalent units)
bimodal trailer
a box or storage for grains, ore, scrap, coal, etc.
bin
a strip of cardboard, thin wood, burlap, or similar material placed between layers of containers to hold the articles together
binder
the first meeting of Asia-Pacific Economic Cooperation, held in Blake Island, Seattle, U.S., in 1993
Blake Island Economic Vision
a freight rate that does not increase regardless of distance covered in shipping cargo.
blanket rate
university accepted value reference for motor vehicles
Blue Book
- going on board a ship for inspection purposes
Boarding
- embarking on a ship or aircraft
Boarding
a Customs officer who boards a ship upon arrival to verify it there are cargoes that must be declared for purposes of paying duties and taxes
boarding inspector
a Philippine government agency that monitors exports; promotes investments in preferred areas; provides tax exemptions, tax credits, and tax deductions to registered exporters, provides incentives for the production of export products, etc.
Board of Investments (BOl)
a person who attends to the mooring and unmooring of vessels at a quay.
boatman
a document evidencing transfer of shipment from Customs to a bonded warehouse or to a Special Economic Zone, or from a warehouse to another, and signed by a Customs officer upon receipt
boatnote