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FrançaisThe difference between the cost of sold items and the total net sale income.
Read MoreMarine 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…
Read MoreMarine 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…
Read MoreMarket Access Data Base
Database of the European Union with comprehensive information about tariffs in all countries of the world to European products and documents required for export to each country. It is only accessible to members of the EU countries. It has two…
Read MoreMarket risk
The possibility that results at the time a product is delivered may differ from expectations held at a time it was ordered. For instance, the market price may have increased o decreased, or the product may be in greater or…
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