trade term / price term world / international market price FOB (free on board) C&F (cost and freight)

ght) CIF (cost, insurance and freight) freight wharfage landing charges customs duty port dues import surcharge import variable duties commission return commission price including commission net price wholesale price discount / allowance retail price spot price current price / indicative price customs valuation price list total value trade insurance terms All Risks F.P.A. (Free from Particular Average) W.A. / W.P.A (With Average or With Particular Average) War Risk trade institutions vocabulary WTO (World Trade Organization) IMF (International Monetary Fund) CTG (Council for Trade in Goods) EFTA (European Free Trade Association) AFTA (ASEAN Free Trade Area) CCT (China-US Joint Commission on Commerce and Trade) NAFTA (North American Free Trade Area) UNCTAD (United Nations Conference on Trade and Development) GATT (General Agreement on Tariffs and Trade) F.W.R.D. (Fresh Water Rain Damage) Risk of Intermixture and Contamination Risk of Leakage Risk of Odor Risk of Rust Shortage Risk T.P.N.D. ( Theft, Pilferage & Nondelivery) Strikes Risk

methods of conducting trade stocks cash sale purchase bulk sale distribution channels wholesale retail trade hire-purchase fluctuate in line with market

favorable balance of trade unfavorable balance of trade special preferences bonded warehouse transit trade tariff barrier ax rebate TBT (Technical Barriers to Trade) trade partner term trade partner manufacturer middleman dealer wholesaler retailer, tradesman merchant concessionaire, licensed dealer consumer client, customer buyer carrier consignee

conditions unfair competition dumping dumping profit margin antidumping customs bond chain debts freight forwarder trade consultation mediation of dispute partial shipment restraint of trade RTA (Regional Trade Arrangements)

()
export credit exchange dumping export subsidy special preferences dumping bonded warehouse

favorable balance of trade import quotas value of foreign trade

unfavorable balance of trade

free trade zone value of international trade most-favored nation

generalized system of preferences-GSP

treatment-MFNT trade term (price term) freight total value price landing charges stamp duty unit price wharfage customs duty port dues amount net port

price including commission port of destination

return commission retail price export licence

. port of shipment

discount, allowance spot price

of discharge wholesale price

import licence

forward price current price prevailing C&F-cost

price world (International)Market price FOB-free on board and freight delivery chartered ship) of shipment lighter steamship( S.S) time of delivery time charter consignee regular shipping liner original BL tanker clearance of goods airway bill cargo shipment voyage charter charter (the time CIF-cost insurance and freight

shipper, consignor shipping space

receipt to take delivery of goods optional port for Buyers account

optional charges

optional charges to be borne by the Buyers optional charges shipment during January January shipment shipment not later than Jan.31st. shipment on or before Jan.31st. / shipment during Jan./Feb. Jan./Feb. shipment ......() shipment during....in two lots ......() shipment during....in two equal lots in three monthly shipments monthly shipments immediate shipments prompt shipments 30 shipments within 30 days after receipt of L/C partial shipment not allowed partial shipment not permitted partial shipment not unacceptable in three equal

 indent bidding book; booking cable reply firm offer bid; bid firm counter offer offer offer firm price indication reply immediately usual practice business negotiation

inquiry;enquiry reference price

without engagement business discussion ** subject to reply ** * * subject to reply reaching here ** time of validity contract purchase confirmation sales confirmation general terms and conditions sellers confirmation subject to our final confirmation INT ( auction) tender agent general agent agency agreement accumulative commission compensation trade compensating/compensatory trade counter trade processing on giving materials assembling on provided parts / exclusive right / / exclusivity agreement exclusive agency;exclusive agent quality description countersample standard type catalogue sealed sample assortment sample 5% 5% plus or minus representative sample pamphlet tolerance article No. reference sample original sample specifications duplicate sample sole agency; sole agent; consignment invitation of tender submission of subject to prior sale subject to **: valid till ** purchase contract sales

 fair average quality claim disputes penalty arbitration force Majeure inspection certificate of quanlity arbitral tribunal certificate of origin inspection certificate of weight (quantity) **commodity inspection bureau (*.C.I.B) inspection certificate number net weight capacity gross for net volume tare gross weight more or less clause foreign currency revaluation payments hard currency direct quotation soft currency quotation gold standard buying rate inflation selling rate fixed rate gold standard gold points mint par paper money system international monetary fund exchange reserve official upper and lower limits of fluctuatio gold and foreign indirect rate of exchange floating rate balance of foreign exchange devaluation