-
T. & C.C.
- Technical and Clauses Committee
-
T. & G.
- Tongued and grooved (timber trade)
-
t. & s.
- Touch and stay
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T.&G.
- Tongued and grooved (timber trade)
-
T.B.
- Trial Balance
-
T.B.A.
- Tobe advised, To be agreed
-
T.C.I.
- Time charterer's interest
-
T.D.W.
- Tonnage deadweight
-
T.E.
- Trade expenses
-
T.E.E.
- Trans-Europe Express
-
T.F.
- Tropical freshwater
-
T.G.B
- Tongued, grooved and beaded
-
T.I.B.
- Trimmed in bunkers
-
T.I.V.
- Total insured value
-
T.L.
- Total loss
-
T.L.O.
- Total loss only
-
T.L.V.O.
- Total loss of vessel only
-
T.O.R.
- Time on Risk
-
T.O.T.
- Terms of trade
-
T.O.V.A.L.O.P.
- Tanker Owners' Voluntary Agreement Concerning Liability for Oil Pollution
-
T.P.I.
- Tons per inch
-
T.P.Liab.
- Third party liability
-
T.P.N.D.
- Theft, pilferage and non-delivery
-
T.Q.
- Tale quale (as found)
-
T.S.I.
- Total sum insured
-
T.T.
- Telegraphic transfer
-
T.T.F.
- Timber Trade Federation
-
T.W.M.C.
- Transport, wages, maintenance and care
-
T/C
- Till countermanded
-
t/h
- Tonnes per hour
-
T/L
- Total loss
-
T/O
- Transfer order
-
T/S
- Transhipment
-
TA
- Trade Assistant
-
TAA
- Trade Adjustment Assistance
-
TARIC
- Integrated Tariff of the European Community
-
Tariff
- A tax assessed by a government in accordance with its tariff schedule on
goods as they enter (or leave) a country. May be imposed to protect domestic
industries from imported goods and/or to generate revenue. Types include ad
valorem, specific, variable, or some combination.
-
Tariff Anomaly
- A tariff anomaly exists when the tariff on raw materials or
semi-manufactured goods is higher than the tariff on the finished product.
-
Tariff Bindings
- The agreement by contracting parties to maintain the duty rates on
specified goods at negotiated levels or below. Bindings are provided for in
GATT Article II.
-
Tariff Escalation
- A situation in which tariffs on manufactured goods are relatively high,
tariffs on semi-processed goods are moderate, and tariffs on raw materials
are nonexistent or very low.
-
Tariff Escalation
- This term refers to the common situation whereby raw materials and less
processed goods are generally dutied at lower rates than more processed
versions of the same or derivative goods. For instance, the import duty in
most countries is generally higher for petrochemicals than for the petroleum
and other raw materials necessary for their production. It is argued by
primary commodity exporting nations that this situation confers a higher
degree of protection for the processing industries of importing countries
than nominal tariff rates would suggest.
-
Tariff Quota
- A tariff that remains at the same level until a certain quantitative limit
(quota) is reached. The duty on imports ports in excess of that level will
be higher.
-
Tariff Quotas
- Application of a higher tariff rate to imported goods after a specified
quantity of the item has entered the country at a lower prevailing rate.
-
Tariff Schedule
- A comprehensive list of the goods which a country may import and the
import duties applicable to each product.
-
Tariff Surcharges
- An import tax that is usually assessed at a flat rate over and above
whatever duties are assessed.
-
TCI
- Third Country Initiative
-
TCMD
- Third Country Meat Directive
-
Tcpa.
- Target closest point of approach
-
TD
- Table of Denial Orders
-
TDA
- Trade and Development Agency
-
TEA
- Targeted Export Assistance Program
-
Technology Transfer
- This term is used to characterize "the transfer of knowledge generated and
developed in one place to another, where is it is used to achieve some
practical end." Technology may be transferred in many ways: by giving it
away (technical journals, conferences, emigration of technical experts,
technical assistance programs); by industrial espionage; or by sale
(patents, blueprints, industrial processes, and the activities of
multinational corporations).
-
TEU
- Twenty-foot equivalent unit
-
Textile Surveillance
Body - The
TSB is an international body which meets in Geneva at the GATT to monitor
the Multi-Fiber Arrangement. The TSB receives reports of all textile
restrictions and can make recommendations to participants. It can mediate
disputes between parties to the MFA but has no binding powers. Membership is
balanced between importing and exporting members.
-
TF
- Trade Fair (Overseas-Recruited)
-
TFC
- Trade Fair Certification
-
TFW
- Trade Fair (Washington-Recruited)
-
Threshold Value
- The dollar value of contracts above which government entities are covered
by the government procurement code.
-
Through Bill of Lading
- A single bill of lading covering receipt of the cargo at the point of
origin for delivery to the ultimate consignee, using two or more modes of
transportation.
-
Tied Aid Credit
- Tied aid credit refers to the practice of providing grants and/or
concessional loans, either alone or combined with export credits, linked to
procurement from the donor country.
-
Tied Loan
- A loan made by a government agency that requires a foreign borrower to
spend the proceeds in the lender's country.
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