As relates to international commercial agency relationships, a del credere agent is one who guarantees the ability to pay prospective clients he or she has brought to the principal; in exchange, the del credere agent is usually accorded a higher…
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An insurance policy clause that excludes claims for loss of market and for loss, damage or deterioration arising from delay. This exclusion appears in almost every marine cargo insurance policy. Insurance underwriters are exceedingly reluctant to assume any liability for…
Read MoreDelivery instructions
Specific delivery instructions for the freight forwarder or carrier stating exactly where the goods are to be delivered, the deadline, and the name, address, phone and mail of the person to contact if delivery problems are encountered. See delivery order.
Read MoreDelivery lead time
The time from the receipt of a customer order to the delivery of the product.
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