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FrançaisThe space below deck in a vessel used to carry cargo.
Read MoreHolder in due course
An individual or legal entity (holder) who possesses a negotiable instrument, document of title, and who took possession for value, in good faith, and without notice of other individual´s or legal entity´s claim or defense against. A holder in due…
Read MoreHolding company
Holding companies are corporations that are created for the sole purpose of obtaining and managing a controlling interest in other companies. There are several reasons why a holding company may be created. At times, the activity may be a key element in…
Read MoreHomologation
Certification by a country that a good (usually equipment goods) conforms to its safety and security standards. Certification is granted to a product that meets a minimum set of regulatory technical & safety requirements as notified by the respective Government….
Read MoreHouse airway bill (HAWB)
A bill of lading issued by a freight forwarder for consolidated air freights shipments. In documentary letter of credit transactions HAWBs are treated exactly the same as conventional air waybills, provided they indicate the issuer itself assumes the liability as…
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