Glossary of words and phrases used in International Trade

There are 85 entries in this glossary.
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Term Definition
A.W.B

Air waybill (Air freight Transport Document)

Ad Valorem

According to value

Arab League States
ATA Carnet

Booklet of Coloured Cards/Sheets Issued by Specific Chambers of Commerce used to temporarily export and import goods, for specific categories of use, within certain countries. For more information see our ATA Carnet page on this website.

ATR

Preference Certificate for goods between the EC and Turkey. For more information see our Other Documents page on this website.

B/L

Bill of Lading (Sea Freight Transport Document)

BERR

Department for Business Enterprise and Regulatory Reform. Previously DTI (Department of Trade and Industry). Currently changed to BIS (Business Innovation and Skills).

BIFA

British International Freight Association

C88

see SAD

CAA

Civil Aviation Authority

CAP

Common Agricutural Policy

Carrier

The provider of the main means of transport in a shipment, e.g. airline, vessel operator, trucker.

CFR

Cost and Freight (Incoterm applicable to movement by Sea or Inland Waterway). For more information see our Incoterms page on this website.

CFSP

Customs Freight Simplified Procedure - simplified import entry procedure

CHIEF

Customs Handling of Import/Export Freight.

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