At the top of the page you can quickly find pages using the quick search box. Bank financing of cashflow for exporters who grant their foreign buyers a term of. Gatt general agreement on tariffs and trade, which has been superseded by the wto. Glossary of customs and trade terms b bl abbreviation for bill of lading. Download the glossary of import and export terms in pdf format. A letter of credit, which requires, amongst the documents stipulated. The international trade dictionary contains a glossary of 2000 key terms for international. It is charged with regulating and facilitating international trade, collecting import duties, and. There are so many shipping terms related to international trade that it can. Dictionary of international trade global negotiator. Prepared by adriana campos azofeifa, specialist in policies and trade. View homework help international trade terms of trade.
Basic glossary of terms commonly used in the world trade. Ancillary guarantee type of guarantee where the guarantor joins with one of the parties to the contract and agrees to fulfill that partys obligations if necessary, effectively cosigning the contract. A tax imposed on imports by the customs authority of a country based on the value of the goods. The intent of this dictionary was to produce a broad listing of terms, which are. Incoterms were created as common codes of conduct and contract and are regulated by the international chamber of commerce for international trade. Glossary of international trade terms trade connect. Glossary of international trade terms latest shipping date. An acronym of the french and english words admission. When you click on a term, an explanation will appear. Glossary westpac banking corporation abn 33 007 457 141 december 2014 westpac banking corporation abn 33 007 457 141 glossary of trade terms. International trade is a different type of activity from domestic trade, and a more complicated one, given that the buyer and seller are in different countries, and they therefore face a.
International trade is a different type of activity from domestic trade, and a more complicated one, given that the buyer and seller are in different countries, and they therefore face a series of barriers which have to be overcome. Download as docx, pdf, txt or read online from scribd. Dictionary of international trade globalnegotiator. An electronic version of this document can be found on the following websites. An undertaking by the drawee who then becomes the acceptor, of a bill of exchange to pay to the person presenting the bill called the. Contracting parties refers to the nations which signed the general agreement on tariffs and trade. Glossary of international trade terms letter of credit bill of lading. Wto dictionary caribbean trade reference center organization. When the term is capitalized, it means all contracting parties acting jointly. A document, required by some foreign countries, describing a shipment of goods and.
A glossary of international shipping terms shipping solutions. The dictionary of international trade also contains an annex with the most common acronyms and abbreviations to be found in international trade documents. Student question econ 210 may 17 fairchild phillip vaughn. This is the fourth edition of the dictionary of trade policy terms. Airway bill document signed by an airline to show receipt of goods for air transportation from and to the airports indicated. The first is to determine at what point the responsibility and ownership for the shipment transfers from the seller to the buyer. Glossary of customs and trade terms centre for customs and. The intent of this dictionary was to produce a broad listing of terms, which are commonly used in trade negotiations and especially within the context of the free trade area of the americas ftaa with a view to providing an information tool for the public at large. Glossary of international trade terms 2016 guide sponsored by.
It provides a full and precise definition of each term, and explains the context in which they are used. Glossary of international trade terms free download as word doc. The glossary of import and export of alpha international trade provides. The last date which the exporter can ship the merchandise and still be in compliance with the terms of the letter of credit, usually stated on the shipment transport document. An ata carnet is an international customs document instituted in 1961 by the. It is also a receipt for cargo accepted for transportation, and must be presented for taking delivery at the destination. A document listing and acknowledging receipt of goods for transport.
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