1. The owner of goods who intrusts them on board a vessel for delivery abroad, by charter-party or otherwise. 2. Also, a Dutch word, signifying the master of a ship. […]
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SHIPPER’S INDEMNITY
A letter stating indemnity that is given by a beneficiary of a letter of credit or L/C that is to induce a negotiating bank to relaes a payment against the […]
SHIPPER’S LETTER OF INSTRUCTION
A letter directing the carrierto prepare documents for shipping for a new shipment and will give all necessary decalrations.
SHIPPING
tion less than a dollar. Webster. See Madison Ins. Co. v. Forsythe, 2 Ind. 4S3.
SHIPPING BILL
A document ised in customswhere a drawback is claimed on goods exported or on goods attrcating duty that are then re-shipped from a wharehouse that is bonded.
SHIPPING CONTAINER
A standard sized container that is resealable and lockable that is used with standard equipment for handling freight. 2 stabdard sizes in 20 foot and 40 foot.
SHIPPING DOCUMENTS
Any document that is required for an item to clear customs. A bill of lading , commercial invoice , insurance certificate , origin certificate or packing list .
SHIPPING LIST
A form documenting all of the goods sent out against a particular order.
SHIPPING NOTE
An alternate term for shipper’s letter of instruction .
SHIPPING TARIFF
The rates for moving freight by the transporter or carrier. See tariff.
SHIPPING TARIFF SCHEDULE
A formal list of all freight charges, how they are calculated and applied. It can include an alternative tariff , clas tariff, and a commodity tariff. Also known as a […]
SHIPPING TERMS
The provisions in a contract of sale that governs any costs for shipping, insurance, packaging needs and liability transfer.
SHIPPING TIME
The time it takes a shipped order to reach its destination . Combined with order time it is the elapsed time between the requisition and avauilability.
SHIPPING TON
An alternate term for a registered ton or 100 cubic feet and 2,832 cubic metres.
SHIPPING WEIGHT
The gross weight of a shipped item that includes all wrapping, packaging, boxing but excludes the container.
SHIPSET
The quantity of equipment that is greater than the quantity needed to carry on safely. For example the number of radios on a plane.
SHIPWRECK
The demolition or shattering of a vessel, caused by her driving ashore or on rocks and shoals in the mid- seas, or by the violence of winds and waves in […]
SHIRE
In English law . A county. So called because every county or shire is divided and parted by certain metes and bounds from another. Co. Litt. 50a.
SHIRKAH
A partnership in business that falls inder Islamic Financial law. 2 or more people join to provide capital or labour in a business through a formal contract .
SHOCK
In medical jurisprudence . A sudden and severe depression of the vital functions, particularly of the nerves and the circulation , due to the nervous exhaustion following trauma, surgical operation […]
SHOCK LOSS
When an insurance firm suffers a loss that causes financial distress because the clients loss is so severe. Protection can be provided using reinsurance mechanisms and diversification . Refer to […]
SHOCK MENTAL
a state of sudden agitation that is brought on by an emotional upheaval.
SHOCK PHYSICAL
the term that is applied to a sudden and severe injury like a blow to the head or a crushing injury to an arm or leg.
SHOCKWAVE
A popular format on the internet for presenting and sharing audio and video data. Files are read by Shockwave Player. Free distribution by Macromedia, the developers.
SHOE LEATHER COST
The costs of the time and energy of the efforts that are intended to counteract any inflation effects.