Combined Nomenclature (CN)

The Combined Nomenclature (CN) is a method used for the European Union for designating goods and merchandise which was established to meet, at one and the same time, the requirements both of the Common Customs Tarif and of the external…

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Combined transport document (CTD)

A transport document indicating more than one mode of transportation. For example: A received for shipment (marine B/L) indicating that pre-carriage from an inland originating point as well as main carriage transport were handled by main carrier. An air waybill…

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Comfort letter

A letter from an independent auditor included in a preliminary prospectus stating that, while a full audit has not been undertaken, the auditor has done revised the documents sufficiently to assure that financial statement information in the preliminary prospectus is…

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Commercial agency

A relationship between one individual or legal entity (the agent) who represents, acts on behalf of, and binds another individual or legal entity (the principal) in accordance with the principal´s request or instructions. In some countries, the role of commercial…

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