A customs term meaning the price at which merchandise is sold or offered for sale in principal markets of the country from which it is exported. In some countries a comparison of the price said paid or payable by a…
Read MoreNostro account
A bank account held by a bank with its foreign correspondent bank, in the currency of the foreign country.
Read MoreNot otherwise specified (NOS)
This expression and abbreviation is often applied to air freight tariffs, indicates that the rate stated in the tariff applies to all commodities within the commodity group except those appearing under their own rate. This abbreviation, as used in air…
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A person commissioned by a state for to administer certain oaths and to attest and certify documents, thus authorizing him or her to take affidavits and depositions. A notary is also authorized to “protect” negotiable instruments or non acceptance.
Read MoreNotify address
Address mentioned in the transport document (bill of lading or air waybill) to which the carrier is to give notice when goods are due to arrive.
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