Full detailed list of Incoterms abcc
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Admirality Court
Full
detailed list of Incoterms
ABCC
Association of
British Chambers of Commerce
ABI
Association
of British Insurers
Ad Valorem - according to the value
A fixed percentage of the value of goods that is used to calculate customs duties and taxes.
Admirality Court
A court having jurisdiction over maritime questions
pertaining to ocean transport
,
including contracts
, charters,
collisions
, and cargo damages.
Advising Bank
A bank that receives a letter
of credit from an issuing bank
,
verifies its authenticity
, and forwards the original letter of credit to the exporter without obligation to pay.
AF
Advance freight (i.e. prior to shipment)
AFT
At or towards the stern or rear of a ship.
Affreightment
The hiring of a ship in whole or in part.
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