Tariffs and Customs Terms T.1.123 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 measure of warehouse capacity in a given period the total volume or raw materials processed by a plant, such as oil refinery, in a given period.
throughput
the entire route from origin to destination.
through route
the practice of providing grants and/or concessional loans, either alone or combined with export credits, linked to procurement from a donor country
Tied Aid Credit
equivalent to 42 cubic feet.
timber shipping ton
a horizontal division of a ship, from bottom to highest deck, which indicates the placement of containers.
tier
reload transport of goods protected by a tilting canvas or similar materials.
tilt transport
unit of weight and measurement for timber, such as standard (Petrograd) or 165 cubic feet, board feet, or 1/12 cubic feet and mile (1,000 board feet) or 83.3 cubic feet.
timber measurement
number of days a ship is on sea voyage, or while passing through canals.
time at sea
a charter contract wherein a shipper hires a ship over a certain period. The shipper pays all costs necessary for the operation of the ship (e.., provisions, spare parts, insurance, repair, maintenance bunkers, dues, fees, etc.). The charterer acts like a carrier but does not have full control of the ship.
time charter
a type of draft wherein a buyer can obtain the goods simply by accepting the draft, and car defer payment for 30,60, or 90 days, or even longer, as agreed upon by the seller and the buyer. Same as usance draft
time draft
time spent by the ship for loading and discharge of cargoes, entering or leaving a port, and waiting time. This includes canal transit time.
time in port
the date the carrying vessel actually sails from the last port of call of the exporting country.
time of exportation
a marine insurance policy that insures a vessel for a definite period.
time policy
a document signed by the ship’s master, charterer, consignee, or their respective agents, indicating the actual time spent for loading and unloading of cargoes. This is vital to computation of demurrage or dispatch money.
time sheet
a value created in a product when it becomes available on demand. Transportation and warehousing factors, for example, create time utility.
time utility
refers to the Customs conventions on the international transport of goods (1975). Considered as the only universal transit system, it contributed to the facilitation of international transport (especially road transport) not only In Europe and the Middle East, but also in Africa and Latin America.
TIR (Transport International Routier) Convention
an integral part of the TIR Convention, it is a document used by transport operators carrying tobacco and alcohol products
tobacco/alcohol TIR (Transport International Routier) Carnet
the seventh round of multilateral trade negotiations under the auspices of the General Agreement on Tariffs and Trade. Considered as the most comprehensive round, it affected tariff concessions, non-tariff measures, and agreement on agriculture.
Tokyo Round of multilateral trade negotiations
Old English term for Customs duty
toll
the equivalent of 1,000 kilogram (metric ton) or 2,240 pounds (long ton), 2: Unit of measurement of a ship’s cubic capacity, 3. Unit of weight or measurement to calculate freight
ton
a measure of freight charge that reflects the shipments weight and the distance covered for its transport
ton-mile
the cubic capacity of a vessel, or her total weight, to carry cargo calculated, in terms of tons.
tonnage
the uppermost deck of a ship
tonnage deck
the charges imposed on vessels for passage through a port of entry, and based on a ship’s tonnage
tonnage dues
weight of a fully-equipped ship, including water in main boilers, cargo, fuel, stores, water, crew, provisions, spare parts, etc.
tons gross displacement
