Tariffs and Customs Terms T.1.122 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 reduces rate offered by the carrier, provided the shipper or consignee himself picks up the cargo at the carrier’s terminal.
terminal delivery allowance
the seaport and its facilities or wharves.
terminal facility
persons or firms in the business of cargo loading, unloading, storage, stowage, trimming, dunging, lashing. They utilize a warehouse, depot, storage area, terminal, port, dock, stevedore, railway station, or air-cargo terminal.
terminal operators
a marine insurance clause that defines the instances when the policy remains in force even if affreightment is terminated in a place not designated in the policy, or even if terminated before the delivery of goods to the consignee, beyond the control of the insured.
termination of adventure clause
an irrevocable letter of credit that effects payment, either on an agreed future date or after an agreed credit period, following presentation of document.
term letter of credit
the condition in a documentary credit, the manner of dispatch of goods, and the basis of payment, either on agreed future dare or after an agreed credit period, following presentation of documents.
terms
the conditions agreed upon by the seller and the buyer on the delivery of goods and other services.
terms of delivery
the conditions agreed upon between the carrier and the shipper on the type of freight and the charges imposed on cargoes.
terms of freight
economic factors that affect a country’s foreign trade in goods and services, such as dependency on external funds and business competition.
terms of trade
the power of customs to supervise and police all seas, coasts, ports, airports, harbors, bays, rivers and inland water (whether navigable or not from the sea) within the country.
territorial jurisdiction
the waters contiguous to the coast of a country.
territorial waters
a body under the General Agreement on Tariffs and Trade that monitors the Multi-Fibre Arrangement. It receives reports of textile import restrictions and recommends policy actions in response thereto.
textile surveillance body
is the Special Drawing Right as defined by the International Monetary Fund.
Unit of account
a reefer, insulated, or ventilated container, covered with a material of low heat transfer.
thermal container
a marine peril that involves assailing by thieves or robbery in a ship. however, it excludes theft and pilferage of ship stores and cargoes.
thieves
sanitary requirements imposed by the European Community on meat importations
third country meat directive
the third copy of draft or bill of exchange, if in triplicate.
third of exchange
a party other than the sender or receiver of transmitted date through electronic data interchange; a firm that supplies logistics services to other companies.
third party
World least developed economies, in contrast to the Second World and the First World
Third World
refer to cargoes not owned by the private pier / wharf owner / operator.
third party cargoes
refers to any article arriving at any domestic port from another domestic port or place and destined for reshipment to a foreign port.
transit cargo for export
threat that is clearly imminent as shown by facts, and not based on mere allegations, conjecture, or remote possibility. This refers to threat posed by imports on the domestic sector of an importing country.
threat of serious injury
a bill of lading issued by a vessel constrained to also use the facilities of another carrier. It is a single document that covers both domestic and international carriage.
Through bill of lading
the entire transport charge from origin to the point of destination
through charge
a manifest that lists all cargoes (with their marks, numbers, quantity, description, packages, shippers) loaded on one or more carrier from the port of supply to the port of destination. Loading may be overland or through transshipment.
through cargo manifest
