An entry document used within the scope contemplated by the applicable convention where the carnet was created, and a document used as a bond for the performance of acts in…
Trade Terms
CARRIER
One who undertakes to transport goods, merchandise or people. (19CFR112.1)
CARRIER BOND CHARGE
A specified surety bond which a transportation carrier must provide to Customs authorities as a condition of being authorized as a bonded carrier.
CARRIER CERT’S
When referring to cargo under bond, a term which typically means the same as carrier’s release order. In general, a document issued by a transportation carrier certifying to Customs authorities…
AUDIT
The routine of inspecting to ensure that all functions adhere to a stated standard.
AUDIT TRAIL
Various records and management controls that document the activity of a facility.
AUTHORITY TO PAY
An advice from the buyer
AUTHORITY TO PURCHASE
Similar to above except the seller
AUTOMATED COMMERCIAL ENVIRONMENT (ACE)
US CBP platform to modernize business processess essential to securing US borders, speeding the flow of legitimate shipment, and targeting illicit goods. ACE will replace the current system, Automated Commercial…
B.B.L.
Barrel.
