| C |
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A | B | C | D | E | F | G | H | I | K-L | M | N | O | P | Q-R | S | T | U-Z
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| C/ |
Consignee. |
| C/Y |
Container yard. |
| CAF |
Currency Adjustment Factor. |
| Carnet |
Customs document, issued under the terms
of a convention, that permits the holder to carry or send merchandise
temporarily into foreign countries ( for display, demonstration,
or similar purpose) without paying duty or posting bond. Examples
are ATA (Admission Temporaire) and TIR ( Transport International
Routier). Violation of any of the privileges of CARNET will
result in assessment of duty and charges for damage. Click here
for more info. |
| Carrier
Certificate and Release Order |
Used to advise Customs of the shipment's
details. By means of this document, the carrier certifies that
the firm or individual named in the certificate is the owner
or consignee of the cargo. |
| CBM |
Cubic Meter (35.314 cubic Feet = 1 CBM). |
| Certificate
of Origin |
The document certifies that goods were
manufactured in the United States. It is signed by the shipper
and may also be a certified by a local Chamber of Commerce,
notarized, and even visaed by a resident foreign consul. A Certificate
of Origin may be required by a foreign government for control
purposes, or by the foreign importer to ensure that he receives
U.S. goods. Specific C/Os are required for duty reductions with
Canada (U.S./Canada Free Trade Agreement) and Israel (U.S./Israel
Free trade Area). |
| CFS |
Container Freight Station. |
| CFS/CFS |
Container Freight Station to Container
Freight Station. A type of steamship line service in which cargo
is transported between container freight stations, where containers
may be stuffed, stripped, or consolidated. Usually used for
less-than-container load shipments. |
| CFT |
Cubic Feet. |
| Chargeable
Weight |
The shipment weight used in determining
air freight charges. The chargeable weight may be the dimensional
weight or for container shipments, the gross weight of the shipment
less the tare weight of the container. |
| Charterparty |
A Charterparty is a contract signed between
a ship owner and a charter who hires the vessel for a period
of time (Time Charter) or for a particular voyage (Voyage Charter).
There are many types of Charterparties, most codified by various
shipping associations. |
| Clean
On-Board B/L |
A Bill of Lading issued without exceptions. |
| COD |
Collect on Delivery: cost of goods and
freight. |
| COFC |
Container on Flat Car |
| COL |
Collect Charges. |
| Collect
Freight |
Freight payable to the carrier at the port
of discharge or ultimate destination. The consignee need not
pay if the cargo does not arrive at destination. |
| Collection
Lletter |
A collection is the procedure whereby the
exporter entrusts the movement of his commercial documents to
a remitting bank for further processing through a collection
bank for settlement from the buyer. A Collection Letter is the
document used by the remitting bank to relay complete and precise
instructions to the collecting bank. |
| Commercial
Invoice |
A commercial invoice is the basic statement
of the seller to the buyer for payment of the goods shipped.
It must conform to any Letter of Credit requirements, foreign
government requirements, and U.S. export control requirements
regarding destination statements. It is used as one of the primary
documents in the collection process, and is the main document
used by foreign Customs for control, valuation of the goods,
pricing, terms of sale, payment and delivery, credit numbers,
import license numbers, shipper and consignee names, and shipping
marks and numbers. Commercial invoices are usually signed by
the exporter. |
| Commercial
Value |
Assessment of monetary value of manufactured
goods including production costs, packaging, shipping, overhead
and profit margin; used to determine duty. |
| Commodity
Control List |
List of commodities subject to U.S. Department
of Commerce export controls. |
| Commodity |
Any article or goods of commerce. |
| Conference
Rates |
Published rates which are applied equally
by all the lines belonging to that particular conference for
a specific commodity. |
| Consignee |
The receiver of the shipment. |
| Consular
Invoice |
Prepared from the information on the commercial
invoice by the buyer's consulate or embassy in the shipper's
country, these documents are usually stamped with an official
seal. They may be specific forms required by the destination
country's government or simply copies of the Commercial Invoice.
Consular Invoices are required for control of certain commodities
and to ensure valuation control. |
| Consularizaiton |
A document certified by the Consular of
some foreign countries verifying the value, quantity and nature
of a shipment. |
| Country
of Transshipment |
The country through which a shipment must
pass and be re-sorted to reach its ultimate destination. |
| Country
of Ultimate Destination |
Final country, as known by an exporter,
where goods are scheduled to arrive. |
| Courier |
A term used to connote fast, expedited,
personalized package and document handling. |
| CSC |
Container Service Charge. |
| Customs
Broker |
A firm that represents importers in dealings
with Customs. Normally responsible for obtaining and submitting
all documents for clearing merchandise through Customs, arranging
inland transport, and paying all charges related to these functions. |
| Customs
Clearance |
International procedure of declaring goods
at the Customs Office to gain authorized entry of those goods
into a country. |
| Customs
Invoice |
Certain countries require special invoices
containing specific information for the Customs clearance and
valuation of imported shipments. These documents contain most
of the elements of the Commercial Invoice, and are usually in
the language of the importing country. The Canadian Customs
Invoice is the most popular of this type. |
| Customs
Value |
The value of a shipment as declared by
the shipper or appraised by Customs to enable determination
of accurate import duties. |
CY/CY
 |
Container Yard to Container Yard. A type
of steamship line service in which freight is transported from
origin container yard to destination container yard. |
