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…
Read MoreNegotiable 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)….
Read MoreNegotiable warehouse receipt
A certificate issued by an approved warehouse that guarantees the existence and the grade of a commodity held in store.
Read MoreNo 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.
Read MoreNon-Disclosure Letter for Company Purchase
This type of Non-Disclosure letter is a written statement prepared and signed by the Seller and Buyer of the business that indicates their intention to enter into a legally binding contract to transfer the ownership of the company. This Letter…
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