A B C D E F G H I J K L M N O P Q R S T U V W Y Z

Amendment

In law, an addition, deletion, or change in a legal document. In a letter of credit, a change in terms and conditions of the letter (e.g., extension of the letter of credit´s validity period, shipment deadline, etc.) usually to meet…

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American Foreign Trade Definitions

A set of sales terms published in 1941 that have become obsolete in favour of the current version of the ICC International Chamber of Commerce Incoterms. Buyers and sellers of US shall use the current Incoterms version and clearly indicate…

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American option

A foreign exchange type of contract containing a provision to the effect that it can be exercised at any time between the date of writing and the expiration date. See currency option; European option.

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American pallet

A type of pallet used in North America. The most commonly used is the GMA (Grocery Manufacturers Association) pallet that has deck boards of 40 inches and stringers of 48 inches. Its dimensions are 1016 mm by 1219 mm. This…

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