A collection of merchandise maintained under an inventory control method based upon specific identification by lot of merchandise admitted to a zone. (19CFR146.1)
Trade Terms
ZONE SITE
The physical location of a zone or sub-zone. (19CFR146.1)
ZONE STATUS
The status of merchandise admitted into a zone, i.e., non-privileged foreign, privileged foreign, zone restricted, or domestic. (19CFR146.4)
FORCE MAJEURE
Force Majeure, meaning “chance occurrence, unavoidable accident”, is a common clause in contracts that essentially frees both parties from liability or obligation when an extraordinary event or circumstance beyond the…
UNCONCEALED DAMAGE
Damage to merchandise that is clearly evident when received.
UNIFORM FREIGHT CLASSIFICATION
A system of classifying similar products into specific rate categories. The rate categories are based on handling attributes of the products such as bulk, special handling needs, value, etc.
UNIT LOAD
The process of combining a number of packages by binding, so the unit package can be moved as a single item.
UNITIZATION
The consolidation of a number of individual items into one shipping unit for easier handling.
USDA INSPECTION
The agency of the federal government charged with regulating agricultural (plants and animals). As our national agricultural agency, the USDA must oversee the export and import of agriculture products, and…
USER FEE
(U.S. Customs & Border Protection) As used in connection with international trade, a fee assessed for the performance of some type of a service or the use of facilities. With…
