Tariffs and Customs Terms BC.1.23 Flashcards
Terms and meaning from Dictionary of Tariff and Customs Terms with organization and functions of the various Offices of the Bureau of Customs.
a reference booth established in an international trade fair to give out catalogs for the promotion of export products
Business Facilitation Office
an office created in an international trade exhibition where interested parties can obtain commercial information
Business Information Office
a one-stop shop for American firms that want to do business in the Newly independent States of the former Soviet Union (e.g., Estonia, Latvia, Ukraine, Russia)
Business Information Service for the Newly Independent States
a kind of consignment or shipment for business, office, or personal use
Business, Inter-Office, or Personal
the entire process of planning, implementing, and controlling the efficient and effective flow and storage of goods, services, and related information from a source to the consumer. This includes inbound, outbound, internal, and external movement of cargoes
business logistics
a law that mandates preferential treatment to U.S. products when awarding government procurement contracts
Buy American Act
a scheme whereby the seller agrees to later buy the goods back at a lower price
buyback
the importer, consignee, vendee, shipee, or his agent
buyer
a person or firm that buys products for resale abroad
buyer for export
a place where goods can be had easily under favorable economic conditions, such as low price
buyer’s market
fees paid by the importer to his agent, for representing purchase operations abroad
buying commissions
to acquire the assets of the firm
buy-out
one who tenders fictitious bids in auction sales
by-bidder
secondary articles produced at the time of production of the primary article or produced from a waste material
by products
an order to pay a sum of money to a foreign beneficiary (say, an exporter) by means of cable, telephone, radio. Like telegraphic transfer of funds, it sets the highest rate because the transfer is immediate and does not entail risk
cable transfer
a U.S. federal law that requires coastal and inter-coastal traffic to be carried by vessels built and registered in the U.S.
cabotage
transport of goods between two ports or places in a country
cabotage
road transport of cargo in a country other than the country where the vehicle is registered
cabotage
a law that prohibits foreign cargo vessels from plying domestic routes and confines them to specific areas officially designated as international seaports
cabotage
an enclosed area for storing highly valuable items
cage
a pallet-sized platform hoisted by a fork lift, from which inventory of goods may be made
cage
established in August, 1986 in Cairns, Australia, it is an informal grouping of agricultural exporting countries: Argentina, Australia, Brazil, Canada, Chile, Colombia, Fiji, Hungary, Indonesia, Malaysia, New Zealand, Philippines, Thailand and Uruguay. It seeks to reduce export subsidies and internal support measures, and to bring about reforms in trade. These countries account for 1/3 of the world’s farm exports
Caims Group
the period of hire in a charter contract measured according to the number of days of a particular month
calendar month
a vessel’s visit to a port
call
a code published by the International Telecommunications Union in its annual List of Ships’ Stations, and used for information interchange among vessels, port authorities, and other participants to international trade
call sign
