-
d
- Draught
-
D.
- Delivery, Delivered
-
D.A.A.
- Documents against acceptance
-
D.B.
- Day Book, Deals and battens (timber trade)
-
d.b.
- Deals and battens (timber)
-
d.b.b.
- Deals, battens and boards
-
D.D.
- Damage done
-
D.D.C.
- Damage done in collision
-
D.D.E.
- Direct data entry
-
d.d.o.
- Despatch discharging only
-
d.f.
- Dead freight
-
D.F.
- Direction finder
-
d.l.o.
- Despatch loading only
-
d.l.o.
- Dispatch loading only
-
d.p.
- Direct port
-
d.p.r.
- Daily pro rata
-
D.R.C.
- Damaged received in collision
-
D.T.B.A.
- Days to be agreed, date to be advised
-
D.T.I.
- Department of Trade and Industry
-
d.w.
- Deadweight
-
D.W.A.T.
- Deadweight all told
-
d.w.c.
- Deadweight capacity
-
d.w.t.
- Deadweight tonnage
-
D/A
- Deposit account, Days after acceptance, Documents against acceptance,
Discharge afloat, Deductible average
-
D/A
- Documents Against Acceptance
-
D/C
- Deviation clause
-
D/d
- Days after date, Days' date
-
D/D
- Demand Draft, Delivered at Docks, Damage Done
-
D/N
- Debit note
-
D/O
- Delivery order
-
D/P
- Documents against payment
-
D/R
- Deposit receipt
-
D/s
- Days after sight
-
D/V
- Dual Valuation
-
D/W
- Dock warrant
-
DA
- Development Assistance
-
DAC
- Development Assistance Committee
-
Date Draft
- A draft which matures a specified number of days after the date it is
issued, without regard to the date of acceptance.
-
Dbk.
- Drawback
-
dd.
- Delivered
-
dd/s.
- Delivered sound (grain trade)
-
Debt Swaps
- See: Swaps.
-
Ded.
- Deductible
-
Def.a/c
- Deferred account
-
Definitional Missions
- See: Trade and Development Agency.
-
Delivered at Frontier
- "Delivered at Frontier" means that the seller's obligations are fulfilled
when the goods have arrived at the frontier -- but before "the customs
border" of the country named in the sales contract. The term is primarily
intended to apply to goods by rail or road but is also used irrespective of
the mode of transport.
-
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 "Delivered Duty Paid" 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
- Provides specific information to the inland carrier concerning the
arrangement made by the forwarder to deliver the merchandise to the
particular pier or steamship line. Not to be confused with Delivery Order
which is used for import cargo.
-
dely. and re-dely.
- Delivery and re-delivery
-
Demurrage
- Excess time taken for loading or unloading a vessel, thus causing delay of
scheduled departure. Demurrage refers only to situations in which the
charter or shipper, rather than the vessel's operator, is at fault.
-
Demurrage
- Excess time taken for loading or unloading of a vessel not caused by the
vessel operator, but due to the acts of a charterer or shipper. Also refers
to imported cargo not picked up within prescribed time.
-
Derivatives
- Derivatives are leveraged instruments that are linked to either specific
financial instruments or indicators (such as foreign currencies, government
bonds, share price indices, or interest rates) or to particular commodities
(such as gold, sugar, or coffee) that may be purchased or sold at a future
date. Derivatives may also be linked to a future exchange, according to
contractual arrangement, of one asset for another. The instrument, which is
a contract, may be tradable and have a market value. Among derivative
instruments are options (on currencies, interest rates, commodities, or
indices), traded financial futures, warranties, and arrangements such as
currency and interest rate swaps.
-
derrick
- Lifting equipment on board a ship generally used for loading and
discharging cargo.
-
despatch
- An agreed upon amount of money that is paid by the shipowner to the
shipper or receiver, when loading or discharging is performed faster than
the allotted time.
-
Det.
- Detained
-
Dft.
- Draft
-
Direct Exporting
- Sale by an exporter directly to a buyer located in a foreign country.
-
Direct Investment
- Direct investment is defined in the International Monetary Fund's Balance
of Payments Manual as "investment that is made to acquire a lasting interest
in an enterprise operating in an economy other than that of the investor,
the investor's purpose being to have an effective voice in the management of
the enterprise." In the United States, direct investment is defined for
statistical purposes as the ownership or control, directly or indirectly, by
one person of 10 percent of more of the voting securities of an incorporated
business enterprise or an equivalent interest in an unincorporated business
enterprise. Direct investment transactions are not limited to transactions
in voting securities. The percentage ownership of voting securities is used
to determine if direct investment exists, but once it is determined that it
does, all parent-affiliate transactions, including those not involving
voting securities, are recorded under direct investment. See: Foreign Direct
Investment in the United States Foreign Person U.S. Affiliate.
-
Dirty Float
- Dirty float refers to a system in which the float of exchange rates is
partially determined by government intervention or restrictions to limit
appreciation or depreciation; sometimes known as managed float. See: Clean
Float.
-
Dis.
- Discount
-
Disbts.
- Disbursements
-
discharge
- Remove goods from a ship.
-
DISH
- Data interchange in Shipping
-
Dismissal of Petition
- A determination made by the Commerce Department's International Trade
Administration that the petition does not properly allege the basis on which
antidumping duties may be imposed, does not contain information deemed
reasonably available to the petitioner supporting the allegations, or is not
filed by an appropriate interested party. This dismissal causes termination
of the proceeding. See: Tariff Act of 1930.
-
Dispatch
- An amount paid by a vessel's operator to a charter if loading or unloading
is completed in less time than stipulated in the charter agreement.
-
Dispatch
- An amount paid to a charterer by the vessel operator if loading or
unloading is accomplished in less time than provided for in the charter
party.
-
Displ.
- Displacement
-
Distributor
- A foreign agent who sells directly for a manufacturer and maintains an
inventory on hand.
-
Distributor
- A foreign agent who sells directly for a supplier and maintains an
inventory of the supplier's products.
-
Diversionary Dumping
- This occurs when foreign producers sell to a third country market at less
than fair value and the product is then further processed and shipped to
another country.
-
Diversionary Dumping
- This occurs when foreign producers sell to a third country market at less
than fair value and the product is then further processed and shipped to
another country.
-
DK.
- Deck
-
DL
- Distribution License
-
dm
- Decimeter
-
Dock Receipt
- A dock receipt is used to transfer accountability when the export item is
moved by the domestic carrier to the port of embarkation and left with the
international carrier for export.
-
Dock Receipt
- A receipt given for a shipment received or delivered at a shipment pier.
When delivery of a foreign shipment is completed, the dock receipt is
surrendered to the vessel operator or his agent and serves as basis for
preparation of the Ocean Bill of Lading.
-
Document Collections --
Documents Against Payment
- Stipulate that the exporter ships goods to the importer without a letter
of credit or another form of guaranteed payment. The importer must sign a
sight draft before receiving the necessary documents to pick up the goods.
Documents Against Acceptance (D/A) are instructions given by a shipper to a
bank stating that the documents transferring title to goods should be
delivered to the buyer only upon the signing of a time draft. In this manner
an exporter extends credit to the importer and agrees to accept payment at a
readily determined future date. See: Draft Bill of Exchange.
-
Documents Against
Acceptance -
Instructions given by a shipper to a bank indicating that documents
transferring title to goods should be delivered to the buyer (or drawee)
only upon the buyer's acceptance (signature on) of the attached draft.
-
Documents Against
Payment (D/P)
- A type of payment for goods in which the documents transferring title to
the goods are not given to the buyer until he has paid the value of a draft
issued against him.
-
Domestic Exports
- Exports of domestic merchandise include commodities which are grown,
produced, or
-
Domicile
- The place where a draft or acceptance is made payable.
-
Downstream Dumping
- This occurs when foreign producers sell at below cost to a producer in its
domestic market, and the product is then further processed and shipped to
another country.
-
Downstream Dumping
- This occurs when foreign producers sell at below cost to a producer in its
domestic market and the product is then further processed and shipped to
another country.
-
Dr.
- Debit. Debtor. Drawer
-
draft
- Alternative spelling of draught.
-
Draft Bill of Exchange
- A written, unconditional order for payment from one person (the drawer) to
another (the drawee). It directs the drawee to pay a specified sum of money,
in a given currency, at a specific date to the drawer. A Sight Draft calls
for immediate payment (on sight) while a Time Draft calls for payments at a
readily determined future date.
-
draught
- Designates the depth of water available at a port or place.
-
Drawback
- A partial refund of duties paid on importation of goods which are further
processed and then re-exported, or exported in same condition as imported.
-
Drawback
- Drawback is a rebate by a government, in whole or in part, of customs
duties assessed on imported merchandise that is subsequently exported.
Drawback regulations and procedures vary among countries.
-
Drawee
- The individual or firm on whom a draft is drawn and who owes the indicated
amount.
-
Drawer
- The individual or firm that issues or signs a draft and thus stands to
receive payment of the indicated amount from the drawee.
-
dreading
- Option general cargo
-
dry cargo
- Any commodity which is not liquid.
-
Dual Pricing
- The selling of identical products in different markets for different
prices. This often reflects dumping practices.
-
Dual Pricing
- The selling of identical products in different markets for different
prices. This often reflects dumping practices.
-
Dumping
- Dumping is generally seen as an unfair trading practice. It occurs when a
good is sold for less than its "fair value", generally meaning it is
exported for less than it is sold in the domestic market or third country
markets, or it is sold for less than production cost. Article VI of the GATT
permits the imposition of special anti-dumping duties against dumped goods,
equal to the difference between their export price and their ''fair value''
in the export market, if dumping causes injury in the importing country.
-
Dumping
- The sale of a commodity in a foreign market at less than fair value.
Dumping is generally recognized as unfair because the practice can disrupt
markets and injure producers of competitive products in an importing
country. Article VI of the GATT permits imposition of antidumping duties
equal to the difference between the price sought in the importing country
and the normal value of the product in the exporting country. With
price-to-price dumping, the foreign producer can use its sales in the
high-priced market (usually the home market) to subsidize its sales in the
low-priced export market. The price difference is often due to protection in
the high-priced market. Price-cost dumping indicates that the foreign
supplier has a special advantage. Sustained sales below cost are normally
possible only if the sales are somehow subsidized.
-
Duty
- A tax imposed on imports by the customs authority of a country. Duties are
generally based on the value of the goods (ad valorem duties), some other
factors such as weight or quantity (specific duties), or a combination of
value and other factors (compound duties).
-
Duty
- A tax levied by a government on the import, export or use and consumption
of goods.
-
DVC
- Delivery Verification Certificate
-
dwt
- Deadweight tonnage
-
Dy
- Delivery
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