Tariffs and Customs Terms T.1.122

Question 1

a reduces rate offered by the carrier, provided the shipper or consignee himself picks up the cargo at the carrier’s terminal.

Answer 1

terminal delivery allowance

Question 2

the seaport and its facilities or wharves.

Answer 2

terminal facility

Question 2

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.

Answer 2

terminal operators

Question 3

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.

Answer 3

termination of adventure clause

Question 4

an irrevocable letter of credit that effects payment, either on an agreed future date or after an agreed credit period, following presentation of document.

Answer 4

term letter of credit

Question 5

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.

Answer 5

terms

Question 6

the conditions agreed upon by the seller and the buyer on the delivery of goods and other services.

Answer 6

terms of delivery

Question 7

the conditions agreed upon between the carrier and the shipper on the type of freight and the charges imposed on cargoes.

Answer 7

terms of freight

Question 8

economic factors that affect a country’s foreign trade in goods and services, such as dependency on external funds and business competition.

Answer 8

terms of trade

Question 9

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.

Answer 9

territorial jurisdiction

Question 10

the waters contiguous to the coast of a country.

Answer 10

territorial waters

Question 11

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.

Answer 11

textile surveillance body

Question 12

is the Special Drawing Right as defined by the International Monetary Fund.

Answer 12

Unit of account

Question 13

a reefer, insulated, or ventilated container, covered with a material of low heat transfer.

Answer 13

thermal container

Question 14

a marine peril that involves assailing by thieves or robbery in a ship. however, it excludes theft and pilferage of ship stores and cargoes.

Answer 14

thieves

Question 15

sanitary requirements imposed by the European Community on meat importations

Answer 15

third country meat directive

Question 16

the third copy of draft or bill of exchange, if in triplicate.

Answer 16

third of exchange

Question 17

a party other than the sender or receiver of transmitted date through electronic data interchange; a firm that supplies logistics services to other companies.

Answer 17

third party

Question 18

World least developed economies, in contrast to the Second World and the First World

Answer 18

Third World

Question 18

refer to cargoes not owned by the private pier / wharf owner / operator.

Answer 18

third party cargoes

Question 19

refers to any article arriving at any domestic port from another domestic port or place and destined for reshipment to a foreign port.

Answer 19

transit cargo for export

Question 20

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.

Answer 20

threat of serious injury

Question 21

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.

Answer 21

Through bill of lading

Question 22

the entire transport charge from origin to the point of destination

Answer 22

through charge

Question 23

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.

Answer 23

through cargo manifest