Subject: Very Important for the one who sell,buy,or do business
  This thread has been highlighted by mazy at 2008-3-18 20:48. 
SwaninCn
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Post at 2008-3-15 18:42  Profile  Space  P.M.  Buddy 
Very Important for the one who sell,buy,or do business

Hey all,FOB Business Forum;c,n$G*p.y-i/X$p

5@+@1[&L ]*uFOB Business Forum
;X#v&X%P$h:A%c1v.SFOB Business Forum

Dear How many of you know Trade terminology?

FOB Business Forum/F5}0N9S*]+J(r
[A Professional Business Forum]*o0D3N3? G9D
[ Last edited by SwaninCn at 2008-3-17 19:46 ]





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mazy
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Post at 2008-3-15 20:28  Profile  Space  P.M.  Buddy 
http://forum.fobshanghai.com/thr ... gn_Trade_Terms.html*x$W)G$]%^9q(H3n
FOB Business Forum,v9I h*e8p,T9M
http://forum.fobshanghai.com/thr ... O_IC_short_for.html[A Professional Business Forum]-`5U#O'n!F'|
FOB Business Forum3^%Y3z3d1?!E(p6X!G2Z
Hope all are helpful for you






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SwaninCn
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Post at 2008-3-17 19:43  Profile  Space  P.M.  Buddy 
Here I wanna mention more which are very useful

ATA Carnet
3w2B0q7D+a5y8Y!b.e)o2QA customs document which enables one to carry or send goods temporarily into certain foreign countries without paying duties or posting bonds.
D*p/o,V3b"O(DAcceptance +L6d:X5|1J%{:j9t"t
The act of a drawee acknowledging in writing on the face of a draft, payable at a fixed or determinable future date, that he will pay the draft at maturity. 7d)e6y2};c/O
Acceptance Draft FOB Business Forum&V&|4M%V5W*d)a9d-q
A sight draft, documents against acceptance. See "Sight Draft," "Documents Against Acceptance." FOB Business Forum'm:?$_3?#p
Airwaybill
:~'t'f'C3o9]'s'DThe carrying agreement between shipper and air carrier which is obtained from the airline used to ship the goods.
*R){*l4n9O1]forum.fobshanghai.comAll Risks Clause
8H%`"x9~1U-D+j1y4Y(Tforum.fobshanghai.comAn insurance provision which provides additional coverage to an Open Cargo Policy, usually for an additional premium. Contrary to its name, the clause does not protect against all risks. The more common perils it does cover are theft, pilferage, non-delivery, fresh water damage, contact with other cargo, breakage, and leakage. Inherent vice, loss of market, and losses caused by delay are not covered.
7d7Y5a [-S4O3M*^forum.fobshanghai.comAuthority to Pay forum.fobshanghai.com7Z5C:P+D0P.b/T
A document comparable to a revocable letter of credit but under whose terms the authority to pay the seller stems from the buyer rather than from a bank.
9W9V!G!o8rFOB Business ForumFOB Business Forum$y*N2{-W4@:w(F1d;Y ]

8N$l-|/s'S%N ]0JFOB Business ForumKEEP READING...





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SwaninCn
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Post at 2008-3-18 20:32  Profile  Space  P.M.  Buddy 
Bill of Exchange [A Professional Business Forum](v!h;c'},|7Q+a
A written order for a certain sum of money, to be transferred on a certain date from the person who owes the money or agrees to make the payment (the drawee) to the creditor to whom the money is owed (the drawer of the draft). forum.fobshanghai.com/O1J1q*m-A*H#{-e)K
Bill of Lading
9l$g1l9}$u,_9y/~/Gforum.fobshanghai.comA document which provides the terms of the contract between the shipper and the transportation company to move freight between stated points at a specified charge. FOB Business Forum:m5Q1i5E$v7J6u
Bonded Warehouse FOB Business Forum.Z/c:|"b;M7o*r;k-m
A building authorized by customs authorities for the storage of goods without payment of duties until removal. FOB Business Forum(T7f'N"j)?1\"\ J
Brussels Tariff Nomenclature forum.fobshanghai.com5j't7k1s,o0x
See "Nomenclature of the Customs Cooperation Council."
&h/B&o4H1V#T0N4n1KFOB Business ForumBuying Agent
1w3K'A"F g#];jFOB Business ForumAn agent who buys in this country for foreign importers, especially for such large foreign users as mines, railroads, governments, and public utilities. Synonymous with "purchasing agent."[A Professional Business Forum].R(n/f9S*Z6P

4z+D W,?7E0F1r8G(H2V[A Professional Business Forum]/k,E3Y1j)|)F
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Post at 2008-3-19 10:01  Profile  Space  P.M.  Buddy 
C. & F. - Cost and Freight: Same as C.I.F., except that insurance is covered by the buyer.
%P;J;^!p7j/y$D[A Professional Business Forum]C.I.F. business forum,trade forum,business opportunity,Business China,Business India,Brazil business5N0V)w3E(I q0L!?4|%Z$u!~/F
Cost, Insurance, and Freight. A pricing term under which the seller pays all expenses involved in the placing of merchandise on board a carrier and in addition prepays the freight and insures the goods to an agreed destination. FOB Business Forum&a"c7z5T.w,R"e(|
Carrier FOB Business Forum.?8m*r'v)R,]&u._;_*b
A transportation line that hauls cargo. FOB Business Forum#X&z(g&X2Z$S*P
Certificate of Free Sale
c;@,J#k"F6C#L#^(M[A Professional Business Forum]A certificate, required by some foreign governments, stating that the goods for export, if products under the jurisdiction of the U.S. Federal Food and Drug Administration, are acceptable for sale in the United States, i.e., that the products are sold freely, without restriction. FDA will issue shippers a "letter of comment" to satisfy foreign requests or regulations. +W2x5v8I+p4w
Certificate of Inspection
)t1^#h+E,T[A Professional Business Forum]A document in which certification is made as to the good condition of the merchandise immediately prior to shipment. The buyer usually designates the inspecting organization, usually an independent inspection firm or government body.
6O9~)y5x'V'[3w4Yforum.fobshanghai.comCertificate of Manufacture
.e#O%`)`4`A statement by a producer, sometimes notarized, which certifies that manufacture has been completed and that the goods are at the disposal of the buyer.
5b&R$f4T8u6y3l6ybusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessCertificate of Origin 9^;],^ }"F-Y6e0e0F3m
A document in which certification is made as to the country of origin of the merchandise.
%X5x'z*|:F8}!L(Q(R/aFOB Business ForumC.F.R. (Cost and Freight) and C.I.F. (Cost, Insurance, and Freight)??indicate that the seller will deliver the goods onto a vessel and pay all the normal charges to get the cargo to the named seaport. The buyer assumes all risks from the time the cargo is placed onto the vessel at the seaport of loading. C.I.F. also indicates that the seller arranges for insurance as an automatic condition of the contract.  
7V*y"S,F*`5cFOB Business ForumChamber of Commerce
1f5X e)U:f;~;S7s/?9vforum.fobshanghai.comAn association of businessmen whose purpose is to promote commercial and industrial interests in the community.
'N8G,M;N7|9x0Z6M+?[A Professional Business Forum]Clean Bill of Lading
%i#{;Q*i&J7~A bill of lading signed by the transportation company indicating that the shipment has been received in good condition with no irregularities in the packing or general condition of all or any part of the shipment. See "Foul Bill of Lading." FOB Business Forum'\%s*[.e3j
Collection
{:T0}-i${"H%U!]1DFOB Business ForumThe procedure involved in a bank's collecting money for a seller against a draft drawn on a buyer abroad, usually through a correspondent bank. forum.fobshanghai.com1r7H:v5I'R
Collection Papers
4W,|8D$r5~4C9V1|forum.fobshanghai.comThe documents submitted, usually with a draft or against a letter of credit, for payment of an export shipment. [A Professional Business Forum]2T2\9{*K,n1D+G
Commercial Attachй 3i3?7[8g.o*h
The commercial expert on the diplomatic staff of his country's embassy or large consulate in a foreign country.
t.s4v.O9h.J0I3aforum.fobshanghai.comCommercial Invoice
!{9X;]6C;cFOB Business ForumA trade invoice.
,G0R$T(N%E-i0l[A Professional Business Forum]Commission Agent
!s6K8F)e*i:[ EFOB Business ForumSee "Foreign Sales Representative."
:[ k0?'B9|Commission Representative
#k9J:n)a(R0xFOB Business ForumA representative or agent residing in a foreign country who acts as a salesman for a U.S. manufacturer, usually for a commission. Sometimes referred to as a "sales agent" or "commission agent."
*?+b(y%{-N1@[A Professional Business Forum]Conference Line forum.fobshanghai.com3I1@%?8v*U*x*D
A member of a steamship conference. See "Steamship Conference." [A Professional Business Forum]9m0S/r/](f5j4Q
Confirmed Letter of Credit
"f'g E.F%P+m7T#\FOB Business ForumIssued by a bank abroad whose validity and terms are confirmed to the beneficiary in the United States by a U.S. bank. [A Professional Business Forum]#o8T7[6W,~;@/x
Consignee The person, firm, or representative to whom a seller or shipper sends merchandise and who, upon presentation of the necessary documents, is recognized as the owner of the merchandise for the purpose of the payment of customs duties. This term is also used as applying to one to whom goods are shipped, usually at the shipper's risk, when an outright sale has not been made. See "Consignment."
!Q1W;j&K0~$_FOB Business ForumConsignment
2R5q(H8d9| j!F[A Professional Business Forum]A term pertaining to merchandise shipped to a consignee abroad when an actual purchase has not been made, under an agreement by which the consignee is obligated to sell the goods for the account of the consignor, and to remit proceeds as goods are sold.
5W9|:O3H7u5iFOB Business ForumConsul
$k6H2H$L'v)A5P0v6r!SFOB Business ForumA government official residing in a foreign country who is charged with the representation of the interests of his country and its nationals.
.A(V/G&c0h6T'X)U#t,kforum.fobshanghai.comConsular Invoice
:o1E&t'Q;g7Q/y&k2OA detailed statement regarding the character of goods shipped, duly certified by the consul of the importing country at the port of shipment.
0M"A7G/X;v$`._#b)Q!fFOB Business ForumContingency Insurance Insurance taken out by a shipper supplementary to insurance taken out by the consignee abroad; especially to cover shipments made on a "C. & F." basis.
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,h!p(O%D(y.k!s8I3}.}Correspondent Bank forum.fobshanghai.com!a%X2D4s1G'i8U.^:N
A bank which is a depository for another bank, accepting deposits and collecting items for its bank depositor.
-u$z)a5X-B.T)F-C2xforum.fobshanghai.comCountry of Origin 1A V;y,h9o
The country in which a product or commodity is manufactured or produced.
*z9^2\+v'p(n&T#b `.j/C&uCredit Risk Insurance forum.fobshanghai.com&Q+]+X6t%G,b$s2c-]5\
A form of insurance which protects the seller against loss due to default on the part of the buyer. See "FCIA."
*U A(H0G/T!}+wCustoms forum.fobshanghai.com0H8y+W&C:j
The agency or procedure for collecting duties imposed by a country on imports or exports.forum.fobshanghai.com$R8@;?:E:i
business forum,trade forum,business opportunity,Business China,Business India,Brazil business4B1X4]1n(Q9~3P

#v1e"^(}2]$Mforum.fobshanghai.comWanna learn,go on..............





Every adversity, every unpleasant circumstance, every failure, and even every physical pain carries with it the seed of an equivalent benefit........
Top
mazy
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Post at 2008-3-19 22:33  Profile  Space  P.M.  Buddy 
So nice information. Go on go on






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