An offer to sell goods at a stated price and under stated terms.
Trade Terms
R & L
Rail and lake.
R & O
Rail and ocean.
R.C. & L.
Rail, canal, and lake.
R.I.T.
Refining in transit.
RATE FILES
The collection of transportation rates and arrangements of various classes and commodities.
RATE OF EXCHANGE
The rate of currency exchange established daily as the buying rate of foreign currency by the Federal Reserve Bank. The daily rate is used only when it varies by more…
REACTIVATION
A resumption of the activated status of an entire area that was previously deactivated without any change in the operator or the area boundaries. (19CFR146.1)
REASONABLE CARE
A legal doctrine applied in many cases that states that an individual or company is liable if reasonable care was not used. Defined as the exercise of care that a…
REBATE
A refund of, or other decrease in, the price actually paid or payable made or otherwise effected between the buyer and seller after the date of importation of the merchandise.…
