Home > Blossary: International Trade and commerce
This glossary provides the most common words and terms used in shipping, international trade and commerce. It also have the images to explain better the technical terms.

Category: Business

22 Terms

Created by: Veronikag

Number of Blossarys: 1

My Terms
Collected Terms

The packing list is an itemized list of articles usually included in each shipping package, giving the quantity, description, and weight of the contents. Prepared by the shipper and sent to ...

Domain: Transportation; Category: Transportation equipment

A system based on the licensing of the right to duplicate a successful business format or industrial process. The Franchiser(licenser) permits the franchisee to employ its business processes, ...

Domain: Business administration; Category: Business management

A set of thirteen internationally-standard trade terms, or terms of sale between the buyer and the the seller, also known as delivery terms. This terms were proposed, updated, and copyrighted by the ...

Domain: Economy; Category: International trade

"Ex works" means that the seller fullfils his obligation to deliver when he has made the goods available at his premises (i.e. works, factory, warehouse, etc) to the buyer. In particular, he is not ...

Domain: Economy; Transportation; Category: International trade; Shipping

"Free Carrier" means that the seller fullfils his obligation to deliver when he has handed over the goods, cleared for export, into the charge of the carrier named by the buyer at the named place or ...

Domain: Economy; Transportation; Category: International trade; Shipping

"Free Alongside Ship" means that the seller fullfils his obligation to deliver when the goods have been placed alongside the vessel on the quay or in lighters at the named port of shipment. This ...

Domain: Economy; Transportation; Category: International trade; Shipping

"Free on Board" means that the seller fulLfils his obligation to deliver when the goods have passed over the ship's rail at the named port of shipment. This means that the buyer has to bear all costs ...

Domain: Transportation; Economy; Category: Shipping; International trade

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