A B C D E F G H I J K L M N O P Q R S T U V W Y Z

Gross sales

The total amount received or receivable for goods sold, before any allowances for returned goods or sales discounts.

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Gross terms

Chartering terms whereby the vessel owner is responsible for the costs of loading, stowing, trimming and unloading. Many voyage charters are handled on this basis. Also called gross charter.

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Gross tonnage

The capacity of a vessel (no cargo) expressed in vessel tons. It is determined by dividing by 100 the contents, in cubic feet, of the vessel closed-in spaces. (A vessel ton is 100 cubic feet). The register of a vessel…

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