WORD PHONETIC DEFINITION COPY SENTENCE SENTENCE

International commercial terms. Thirteen

CIP “ Carriage and Insurance Paid to “ is an The Incoterms rules are an
(ˈɪnkəʊ terms of sale accepted worldwide in
1 Incoterms incoterm that is commonly confused with internationally recognized
ˌtɜːmz) assignment of costs and responsibilities
CIF. Font: 3PLWIRE - Date: August 4, 2006 standard are used worldwide.
between the buyer and the seller.

The object of a drawback is to let

Government scheme (see export subsidy)
commodities which are subject to taxation In the modality drawback
that pays back (in part or in full) excise
be exported and sold in a foreign country on exemption importer is exempt
duties, import duties, and/or other taxes on
2 Drawback [draw-bak] the same terms as goods from countries from taxes levied on import of
exported or re-exported goods. Its objective
where they are untaxed. Font: inputs which will be used to
is to improve the competitiveness of the
Encyclopædia Britannica - Date: April 12, produce goods for export.
local manufacturers and traders.
2011 at 03:

A non-negotiable shipping document,

covering both domestic and international
flights, used for the transportation of freight
AWB - Air
3 that includes conditions, limitations of
Waybill
liability, shipping instructions, description of An air waybill (AWB) is a contract between
commodity and applicable transportation the shipper and the carrier that states the
[air] [wey- charges. terms and conditions of transportation. the awb is obtain knowledge for
bil] Fonte: http://www.querycat.com air shipment

BL - Bill of A document listing and acknowledging

4 Bill of lading is used for sea shipments and
Lading: receipt of goods for transport.
[bil] [of] [ley- airway bill for air shipments. bl is obtain knowledge of
ding] http://www.querycat.com maritime shipping

A document that certifies a specific country

Certificate of as the origin of specific goods. Certain blocks to gain advantages in
5
Origin: [n. ser-tif-i- countries for tariff purposes require this Exporters should now be able to obtain their economic, it is necessary that
kit] [awr-i- certificate. certificates of origin within 24 hours. Fonte: the goods have the certificate of
jin, or-] http://news.myjoyonline.com origin
 A document that details the transaction
between a seller and a buyer. It generally
A commercial invoice should contain an
contains the name and address of the seller
itemized list of the merchandise with the
6 Invoice and buyer, date of the sale, a description of
complete description of goods with their unit
the goods, quantity, unit price, terms of sale,
value and extended total value. Fonte: the invoice accompanying the
[in-vois] amount due under the Letter of Credit and http://www.foreign-trade.com goods to the importer.
type of currency.

[kon-sahy- o consignee é quem recebe a

7 The consignee has to give details of
nee, - mercadoria.
purchase and insurance of items while
si-, kuhn- booking his goods. Fonte:
Consignee sahy-] Party to whom goods are to be delivered. http://articles.timesofindia.indiatimes.com

8 According to the notified rule, while booking

any consignment, the consignee has to give To reserve space on the ship is
a contract, engagement, or scheduled details in the goods forwarding note. necessary to make a booking
booking [book-ing) performance of a professional entertainer. Fonte: http://articles.timesofindia.indiatimes.com with the owner.

A written order from one person (the

drawer) to another (the drawee) specifying
o draft é uma cópia do bl, que
9 Draft the terms (time and amount) of when
ainda poderá ser modificada.
[draft, drahft payment for the shipment is due (also
] referred to as Bill of Exchange).

A document that lists the quantity and kinds

10 Packing List
of items being shipped
[pak-ing] Two items, however, are standard: the
[list] commercial invoice and the packing list.

A shipment under a Letter of Credit On partial shipment will cause inefficiency in

Partial
11 [pahr-shuhl] representing only part of the goods covered handling transit goods and make Afghan
Shipment
[ship- by the Letter of Credit. importers to pay more demurrage. Fonte:
muhnt] http://www.dawn.com
Where in FOB the freight forwarder or
carrier is the choice of the buyer, in FCA
12 An individual or entity that transports the seller chooses and works with the
persons or goods for compensation under freight forwarder or the carrier. Fonte:
Carrier [kar-ee-er the contract of carriage. http://www.foreign-trade.com

13 Clearance The completion of customs entry
requirements that results in the release of
[kleer-uhns] goods to the importer.
The buyer is responsible for making
arrangements with their forwarder for
insurance, export clearance and handling
all other paperwork. Fonte:
http://www.foreign-trade.com

14 Customs The customs authorities issue ATTI for each

The authorities designated to collect duties consignment may it carry one or 100
[kuhs-tuhm] levied by a country on imports and exports containers. Fonte: http://www.dawn.com

Consignor, exporter, or seller (who may be It is essential for shippers to know the
the same or different parties) named in exact status of their shipments in terms of o Shipper é quem envia a
15 Shipper shipping documents as the party ownership and responsibility. Fonte: mercadoria.
responsible for initiating a shipment, and http://www.foreign-
[ship-er] who may also bear the freight cost. trade.com/reference/incoterms.cfm
Form of business organization in which two
or more co-owners form a business. In a
general partnership each partner is liable for
16 the debts of the partnership. Limited
[pahrt-ner- partnership permits some partners to have China, Brazil enhance strategic partnership.
Partnership ship] limited liability. Fonte: http://news.xinhuanet.com