Professional Documents
Culture Documents
Glossary Unidad 4
Glossary Unidad 4
Bill of Lading
A contract between the owner of the goods and the carrier. A straight bill of lading is nonnegotiable. A negotiable or shipper's order
bill of lading can be bought, sold, or traded while goods are in transit.
Bill transportation to
Select sender, recipient, third party, or Bill Collect (Authorized FedEx Ground Accounts Only) from the drop-down menu as the payer
of transportation charges and any duties/taxes/fees associated with the shipment:
Bill sender: Select this option to bill the FedEx account assigned to the Sender. A valid, 9-digit Sender FedEx account number must
be entered for transportation charges.
Bill recipient: Select this option to bill the FedEx account assigned to the Recipient. A valid, 9-digit Recipient FedEx account number
must be entered for transportation charges.
Bill third party: Select this option to bill the FedEx account assigned to a party other than the Sender or Recipient. A valid, 9-digit
Third Party FedEx account number must be entered for transportation charges.
Bonded Warehouse
A warehouse for storage or manufacture of goods on which payment of duties is deferred until the goods enter the Customs Territory.
The goods are not subject to duties if reshipped to foreign points.
Certificate of Origin
A document that certifies the country where the product was made (i.e., its origin). A common export document, a Certificate of Origin
is needed when exporting to many foreign markets. It may be required in order to obtain preferential tariff treatment under several
Free Trade Agreements (i.e., NAFTA, APTA, DR_CAFTA, etc)
Consignee
A person or company (named in the bill of lading ) to whom commodities are shipped.
Customhouse Broker
An individual or firm licensed to enter and clear goods through Customs.
Customs
The government service that is responsible for the assessment of import and export duties and taxes and administration of other laws
and regulations that apply to the importation, transit and exportation of goods.
This term is also used when referring to any part of the customs service or its main or subsidiary offices.
This term is also used adjectivally in connection with customs officials, import or export duties control on goods, or any other
matter within the purview of customs (customs officer, customs duties, customs office, customs declaration).
Customs Declaration
A document that traditionally accompanies exported goods bearing such information as the nature of the goods, their value, the
recipient and their ultimate destination. Required for statistical purposes, it accompanies all controlled goods being exported under
the appropriate permit.
Customs Invoice
A formal document used to clear goods through customs in the importing country by providing pertinent shipment information
including but not limited to country of origin, description and value.
Dangerous Goods
(Dangerous Goods shipping is currently available via FedEx Ship Manager for U.S. domestic and U.S. export FedEx Express
shipments only.) Dangerous goods are articles or substances which are capable of posing a risk to health, safety, property, or the
environment and which are classified according to the International Air Transport Association (IATA) regulations or 49 Code of
Federal Regulations (49 CFR).
Delivered/Duty Paid:
While the term "Ex Works" signifies the seller's minimum obligation, the term "Delivered/Duty Paid," when followed by words naming
the buyer's premises, denotes the other extreme - the seller's maximum obligation. The term may be used irrespective of the mode of
transport. If the parties wish that the seller should clear the goods for import but that some of the cost payable upon the import of the
goods should be excluded - such as value-added tax (VAT) and/or other similar taxes. This should be made clear by adding words to
this effect (e.g., "exclusive of VAT and/or taxes").
Delivery Instructions
Also called Delivery Orders, these documents provide specific information to a carrier regarding delivery to a specific port, pier,
terminal, airport, or steamship line. They show the shipping carrier, delivery deadlines, name and address of consignee, and the
contract name and telephone number of the shipper in case of delivery problems.
Dimensional Weight
Dimensional weight is a calculation of the shipment's weight based on its volumetric standard instead of its actual weight.
Dimensional weight is calculated by multiplying the length by width by height of each package in inches or centimeters and dividing
by a dimensional weight divisor. The dimensional weight divisor varies by service offering and unit of measure (inches or
centimeters).
For FedEx International Priority, FedEx International First & FedEx International Economy rates are based on the total weight of all
packages in one shipment using one air waybill. Any fraction of a kilo takes the next higher weight.
When dimensional weight exceeds actual weight, shipments will be charged according to the IATA
volumetric standard.
Dimensional weight in kg = Length x Height x Width in cm
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5,000
For example, for U.S. or Canadian origin export shipments measured in inches, the divisor is 166. For EMEA, LAC and APAC origin
export shipments measured in inches, the divisor is 139; if measured in centimeters, the divisor is 5,000. Contact your local FedEx
Customer Service for more details.
Dimensions
Enter the length, width, and height of the package. Package dimensions must be at least 1 inch/cm for Length, 1 inch/cm for Width, 1
inch/cm for Height. For multiple piece shipments, you can ship up to 25 packages using 10 unique rows of weight/dimensions
information.
Duty
The tax imposed by Customs on imported goods.
European Commission
One of the five major institutions of the European Union (EU). The Commission is responsible for ensuring the implementation of the
Treaty of Rome and Union rules and obligations; submission of proposals to the Council of Ministers; execution of the Council's
decisions; reconciliation of disagreements among Council members; administration of EU policies, such as the Common Agricultural
Policy and coal and steel policies; taking necessary legal action against firms or member governments; and representing the Union in
trade negotiations with non-member countries.
Exchange License
Similar to import licenses, exchange licenses protect a country's foreign exchange reserves or utilize these reserves advantageously.
They also authorize the conversion of currency.
Exchange Permit
A government permit sometimes required by the importer's government to enable the import firm to convert its own country's currency
into foreign currency with which to pay a seller in another country.
Export
A shipment transported out of a country.
Export Broker
An individual or firm who does not take part in actual sales transactions, but brings together buyers and sellers for a fee.
Export Declaration
A formal statement declaring full details about goods being exported, made to the collector of Customs at a port of exit.
Export License
A government document permitting participation in the export of designated goods to certain destinations.
Export Permit
A legal document that is necessary for the export of goods controlled by the government of Canada, specifically goods included on
the Export Control List (see above) or goods destined for countries on the Area Control List.
Export Quotas
Specific restrictions or ceilings imposed by an exporting country on the value or volume of certain exports to protect domestic
producers and consumers from temporary shortages of the goods affected or to bolster their prices in world markets.
Import
A shipment brought in from a foreign country.
Import Certificate:
A means by which the government of the country of ultimate destination exercises legal control over the internal channeling of the
commodities covered by the import certificate.
Import License
Some national governments issue and require this document to authorize imports into their countries.
Import Quota
A means of restricting imports by the issuance of licenses to importers, assigning each a quota, after determination of the total
amount of any commodity which is to be imported during a period. Import licenses may also specify the country from which the
importer must purchase the goods.
Import Restrictions
Applied by a country to reflect a desire to control the volume of goods coming into the country from other countries. They may include
the imposition of tariffs or import quotas, restrictions on the amount of foreign currency available to cover imports, a requirement for
import deposits, the imposition of import surcharges, non-tariff barriers, or the prohibition of various categories of imports.
Import Substitution
A strategy which emphasizes the replacement of imports with domestically produced goods, rather than the production of goods for
export, to encourage the development of domestic industry.
Imports
Consist of government and non-government purchases of merchandise from foreign countries.
Invoice, Final
Statement of charges issued after the preliminary invoice, i.e., when the goods have arrived at destination, a true weight
quantity/value is determined and agreed upon.
Legal Weight
The total weight of the merchandise, including any immediate packaging which is sold along with the goods, i.e., the weight of a tin
can as well as its contents, but excluding the cartons in which the cans are packed.
Lomé Convention
An agreement, first signed in 1975 and since updated, between the European Community, now the European Union (EU), and 70
African, Caribbean, and Pacific states (mostly former colonies of the EU members). The agreement covers some aid provisions as
well as trade and tariff preferences for the African, Caribbean and Pacific countries (ACP) when shipping to the EU. The most recent
agreement expired in 2000, and is currently being renewed. Lomé grew out of the 1958 Treaty of Rome's "association" with the 18
African colonies/countries that had ties with Belgium and France.
Quotas
The quantity of goods that may be imported without restriction or additional duties or taxes.
Quotation
An offer to sell goods at stated price and under stated terms.
Ship's Manifest
An instrument in writing, signed by the captain of the ship, that lists the individual shipments constituting the ship's cargo.
Shipping Permit
Issued by a shipping or carrier company giving the receiving clerk at pier, dock, warehouse, airport, or on board, the authority to
receive a stipulated amount of merchandise from a specified firm.
Shipping Weight
Represents the gross weight in kilograms (kg) of shipments, including the weight of moisture content, wrappings, crates, boxes, and
containers (other than cargo vans and similar substantial outer containers).
Tariff
A duty (or tax) levied on goods transported from one customs area to another. Tariffs raise the prices of imported goods, thus making
them less competitive within the market of the importing country. Under the North American Free Trade Agreement, most duties on
goods qualifying as NAFTA-originating and services from Canada to the U.S. and Mexico have been eliminated.
Terms of sale
The point at which sellers have fulfilled their obligations so the goods are said to have been delivered to the buyer. They are
shorthand expressions that set out the rights and obligations of each party when transporting the goods.
The different types of Terms of Sale are:
FCA/FOB (Free Carrier/Free on Board). Free Carrier at a named port of export. The seller quotes the buyer a price that covers all
costs up to and including delivery of goods aboard an overseas vessel (e.g. airplane).
CIP/CIF (Carriage Insurance Paid/Cost Insurance and Freight). Carriage Insurance Paid to a named overseas port of
disembarkation (i.e. import). Under this term, the seller quotes a price for the goods, including insurance, plus all transportation, and
miscellaneous charges to the point of disembarkation from the vessel.
CPT/C&F (Carriage Paid To/Cost & Freight). Carriage Paid To is the named overseas port of disembarkation (i.e. import). Under
this term, the seller quotes a price for the goods that includes the cost of transportation to the named point of import. The cost of
insurance is left to the buyer's account.
(EXW) Ex Works. Under this term, the price quoted applies only at the point of origin and the seller agrees to place the goods at the
disposal of the buyer at a specific place on the date or within the period fixed. All other charges are for the account of the buyer.
(DDU) Delivered Duty Unpaid. Under this term, the seller fulfills his obligation to deliver when the goods have been made available
at the named place in the country of importation. The seller has to bear the costs and risks involved in bringing the goods thereto as
well as the costs and risks of clearing Customs.
(DDP) Delivered Duty Paid. Under this term, the seller fulfills his obligation to deliver when the goods have been made available at
the named place in the country of importation. The seller has to bear the risks and cost, including duties, taxes and other charges of
delivering the goods.
The Warsaw Convention limits FedEx's liability for loss of or damage to your international shipment, unless you declare and pay the
required fees. The interpretation of the Warsaw Convention's liability limits may vary depending on the destination country. If the
Warsaw Convention, as amended by Montreal Protocol No. 4 applies to your shipment, FedEx's liability is limited to 17 Special
Drawing Rights (SDRs) per kilo, unless you declare a higher value.
Otherwise and in instances where the Warsaw Convention, as amended, does not apply, FedEx's liability is limited in the U.S., as set
forth in the Service Guide, to US $9.07 per pound ($20.38 per kilo) unless you declare a higher value. In Canada, FedEx's liability is
limited in these instances to $100 CAD unless you declare a higher value.
Tracking number
The number assigned to a shipment by FedEx.
Waybill
A detailed description of the shipment is sent to the transfer point.
Weight Certificate
Usually issued by an official weigher on the dock, this certificate records the weight (as well as measurements) being entered on the
back of the second and third copies of the dock receipt by clerk on the dock.
Weight Note
This note, or slip, shows the individual weight of each unit and is included in cases. It is also the official weigher's record.
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