A B C D E F H I K L M N O P R S T W
Ne No

Negotiable bill of lading B/L

A marine transport document showing that the shipment has been made with a designated carrier that includes the word “order” in the consignee field. Once signed by the carrier and endorsed by the shipper or whoever´s name follows the word…

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Negotiable instrument

A written document that can be used to transfer the rights embodied in it by mere delivery (in the case of instruments made out to bearer) or by endorsement and delivery (in the case of instruments made out to order)….

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No commercial value (NCV)

Acronym used in proforma invoices and commercial invoices to express that the merchandise shipped, usually samples. do not have commercial value and therefore do not pay tariffs in customs clearance.

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Non-negotiable B/L

A transport document showing that shipment has been made with a designated carrier. For vessel shipments, the consignee field will not contain the word “order”, but will include the name of the party entitle to claim the cargo. Since a…

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