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

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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