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

Manifest

In international trade, a listing of all cargo transported on a particular marine voyage or flight. The manifest prepared for cargo loaded at a given port or airport should equal the sum total of all transport documents (bills of lading,…

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Manufacturing license agreement

This type of contract establishes a relationship between two companies, Licensor and Licensee, whereby the Licensor grants a license of Intellectual Property Rights (patents, trademarks, utility models, industrial designs, know how) that are required in order for the Licensee to…

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Margin

The difference between the cost of sold items and the total net sale income.

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Marine bill of Lading B/L

A receipt for the cargo and a contract for transportation between a shipper and the ocean carrier. It may also be used as instrument of ownership (negotiable bill of lading) which can be bought, sold or traded while the goods…

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Marine cargo insurance

Insurance covering loss of, or damage to, goods at sea. Marine insurance typically compensates the owner of merchandise for losses in excess of those which can be legally recovered from the carrier that are sustained from fire, shipwreck, piracy and…

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