In transit entry (I.T.)

This term allows foreign merchandise arriving at one port to be transported in bond to another port, where a superseding entry is filed.

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In trust (documents)

In documentary collections, when a bank releases documents to the importer/buyer to allow him to inspect them prior to payment.

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In-bond

A term used to describe cargo that has not been cleared by customs to enter the commerce of a country.

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Inbound logistics

The activities concerned with receiving, storing and distributing the inputs to the product or service. These includes materials, handling, stock control, transportation, etc.

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Incorporated (Inc.)

In United States, designation for a private limited liability corporation with limited liability to shareholders.

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