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

SAD

The Single Administration Document is a customs declaration document used by all countries within the European Union (EU). It is required for all exports of goods outside the European Union, with the exception of postal exports, and must accompany the…

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Safeguards

Emergency measure taken when increased imports of particular products cause or threaten to cause serious injury to the importing country´s domestic industry. World Trade Organization (WTO) permits two forms of multilateral safeguards: (a) a country´s right to impose temporary import…

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Said to contain (STC)

This is a caveat clause applied to container-shipment transport documents, indicating that the carrier has no firsthand knowledge of what was loaded in the container. They do not deny that the quantity invoiced is actually the quantity shipped, and in…

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Sales agent

A person or a company that acts as a sales agent on behalf of the exporting company (principal), introducing its products to potential buyers in the external market, in exchange for a commission based on the value of the business…

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Sales representative

An individual or firm that serves as the foreign representative of a domestic supplier and seeks sales abroad for the supplier. The Representative carries out his/her activity continuously and is paid by commission based on sales achieved, although on occasions…

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