Tariffs and Customs Terms PQR.1.104 Flashcards
Terms and meaning from Dictionary of Tariff and Customs Terms with organization and functions of the various Offices of the Bureau of Customs. (25 cards)
a document issued by a buyer to a seller, confirming purchase and requesting delivery of goods.
purchase order
offers of lower price if the buyer purchase more
purchase price discount
buyer, importer, vendee, shipper, consignee
purchaser
the functions associated with buying goods and services the firm requires
purchasing
buyers in the usual wholesale quantities for industrial use or for resale, but not on retail
purchasers at wholesale
an agent who purchases goods in his own country in behalf of large foreign buyers, such as government agencies and firms
purchasing agent
a theory which states that exchange rates between currencies are in equilibrium when their respective purchasing power is the same
purchasing power parity
a raw material that does not lose weight during processing. put to refuse a situation wherein the goods and/or equipment have been written off and disposed of
pure raw material
limits on the volume of commodity that may be imported into a country
quantitative restrictions
the system which ensures that goods or services meet product or service standards
quality control
refer to the U.S., Canada, Japan and the entire European Community
quad countries
isolation of a vessel, her equipment, cargo, crew, passengers, infected persons or animals to prevent spread of serious diseases
quarantine
a document issued by the quarantine office at the port of destination, attesting that a ship’s cargo is not infected with foreign-borne diseases
quarantine certificate
a huge crane built just near the edge of a wharf or pier to lift and move containers from a vessel
quay crane
a concrete or metal structure at the edge of a wharf or pier
quay wall
a system which limits the amount of imported merchandise that can be entered or withdrawn for consumption during specified periods. Tariff ate quotas permit a quantity of goods to be entered or withdrawn at a reduced rate during a specified period
quota system
an estimate of price fixed by the seller for a particular commodity or service
quotation
the date from which a quotation price is no longer valid
quotation expiration date
a code which indicates that a Clean Report of Findings is amended
RI
an adjustable platform or track on which vehicles and equipment pass through during cargo loading or unloading
Ramp
a situation wherein an equipment has been put on top of another, and loaded on a means of transport
Ramped equipment
price paid for transport service.
Rate
the distance between two rate basis points.
Rate basis number
the major shipping point in a local area
rate basis point
