A trade term requiring the seller to arrange for the carriage of goods by sea to a port of destination , and provide the buyer with the documents necessary to […]

A United States statute governing the rights and responsibilities between shippers of cargo and ship-owners regarding ocean shipments to and from the United States. It is the U.S.

Incoterms or international commerce terms are a series of international sales terms, published by International Chamber of Commerce (ICC) and widely used in international commercial transactions.

Wealthy or upper-class customers who purchase luxury goods and services. Such customers often receive special treatment from businesses. The term was originally used to describe wealthy individuals who traveled in […]

A Ship of great burden.

Written at the end of an account to show that an amount has to be taken down to the beginning of the next account lower down the same page of […]

It means transfer of balance to new page or next day starting point of account or next month’s starting point of account’s balance.

in finance, is a share of the profits of a successful partnership that is paid to the manager of the partnership (a private equity fund or hedge fund) as a […]

One who undertakes to transport persons or property from place to place, by any means of conveyance, and with or without compensation .

Code assigned by IATA and commonly used to identify a carrier. As the same code may have been assigned to different carriers over time, the code is not always unique.

A common carrier is liable for all shipment loss, damage, and delay with the exception of that caused by act of God, act of a public enemy , act of […]

A document issued by the carrier certifying the owner of the goods transported by the carrier, evidencing the owner’s right to make entry.

The right to retain possession of goods pending payment of overdue freight charges.

In the United Kingdom, a COMMON STOCK issue with a KICKER, or extra incentive, which allows investors to buy more stock if certain performance goals are met.

To bear, bear about, sustain, transport, remove, or convey.

In criminal law . The act of removal or asportation , by which the crime of larceny is completed, and which is essential to constitute it. Com. v. Adams, 7 […]

A verdict is said to carry costs when the party for whom the verdict is given becomes entitled to the payment of his costs as incident to such verdict.

When an exporting country uses part of the following year’s quota during the current year .

The chances that a harmful substance that has entered the home through whatever means will actually do harm.

Baggage that is carried aboard an airplane by the passenger, as opposed to being checked and carried in the hold.

To prosecute or pursue a particular avocation or form of business as a continuous and permanent occupation and substantial employment. A single act or business transaction is not sufficient , […]

To provide funds or credit for its payment for the period agreed upon from the date of purchase. Saltus v. Genin, 16 N. Y. Super. Ct. 200. And see Pickering […]

A carryback loan , also known as a seller carryback or seller’s second, is a loan which is financed by the seller of a property. Normally this aids in the […]

A loan in which a seller agrees to finance a buyer in order to complete a property sale.

On a balance sheet this is reported as a book value of a longterm asset.