Tariffs and Customs Terms T.1.123

Question 1

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.

Answer 1

throughput

Question 2

the entire route from origin to destination.

Answer 2

through route

Question 3

the practice of providing grants and/or concessional loans, either alone or combined with export credits, linked to procurement from a donor country

Answer 3

Tied Aid Credit

Question 4

equivalent to 42 cubic feet.

Answer 4

timber shipping ton

Question 5

a horizontal division of a ship, from bottom to highest deck, which indicates the placement of containers.

Answer 5

tier

Question 6

reload transport of goods protected by a tilting canvas or similar materials.

Answer 6

tilt transport

Question 7

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.

Answer 7

timber measurement

Question 8

number of days a ship is on sea voyage, or while passing through canals.

Answer 8

time at sea

Question 9

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.

Answer 9

time charter

Question 10

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

Answer 10

time draft

Question 11

time spent by the ship for loading and discharge of cargoes, entering or leaving a port, and waiting time. This includes canal transit time.

Answer 11

time in port

Question 12

the date the carrying vessel actually sails from the last port of call of the exporting country.

Answer 12

time of exportation

Question 13

a marine insurance policy that insures a vessel for a definite period.

Answer 13

time policy

Question 14

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.

Answer 14

time sheet

Question 15

a value created in a product when it becomes available on demand. Transportation and warehousing factors, for example, create time utility.

Answer 15

time utility

Question 16

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.

Answer 16

TIR (Transport International Routier) Convention

Question 17

an integral part of the TIR Convention, it is a document used by transport operators carrying tobacco and alcohol products

Answer 17

tobacco/alcohol TIR (Transport International Routier) Carnet

Question 18

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.

Answer 18

Tokyo Round of multilateral trade negotiations

Question 19

Old English term for Customs duty

Answer 19

toll

Question 20

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

Answer 20

ton

Question 21

a measure of freight charge that reflects the shipments weight and the distance covered for its transport

Answer 21

ton-mile

Question 22

the cubic capacity of a vessel, or her total weight, to carry cargo calculated, in terms of tons.

Answer 22

tonnage

Question 23

the uppermost deck of a ship

Answer 23

tonnage deck

Question 24

the charges imposed on vessels for passage through a port of entry, and based on a ship’s tonnage

Answer 24

tonnage dues

Question 25

weight of a fully-equipped ship, including water in main boilers, cargo, fuel, stores, water, crew, provisions, spare parts, etc.

Answer 25

tons gross displacement