Trade Terms

A building, or part of a building, designated by the district director to serve as a receiving area for containerized cargo moved from the place of unlading for the purpose…

The practice or technique of using a boxlike device in which a number of packages are stored, protected, and handled as a single unit in transit.

The ability of a currency to be exchanged for another.

When two people (eg individual, partnership, corporation) join together with the same legal status to become the entity accepting primary liability for all government debts secured by a bond. (19CFR113.34)

Usually but not necessarily the country in which merchandise was manufactured or produced and from which it was first exported.

The country where the goods are considered to have originated for Customs purposes. The factors besides the cost of the materials involved are the cost of freight, insurance, packing, and…

Attendant who accompanies a shipment. Also, some courier companies provide a full transportation function, without accompanying attendants, offering door-to-door service for time sensitive documents or small packages on a same-day…

A form of insurance which protects the seller against loss due to default on the part of the buyer.

Customs Trade Partnership Against Terrorism (C-TPAT)is a voluntary, joint government-business initiative to build cooperative relationships that strengthen and improve supply chain security. The initiative focuses on security procedures, physical and…

The carrying capacity within a conveyance or container according to the measure in cubic feet.