Currency converter and calculator tool used by major corporation, tax authorities, auditing firms, and individuals around the world. See exchange rate.
Read MoreOcean bill of lading
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 MoreOEM Original Equipment Manufacturing
Type of contract whose purpose is to offer a guarantee to foreign companies subcontracting their manufacturing in China that the manufactured products comply with certain technical and commercial requirements, and also that the Chinese manufacturer complies with the confidentiality and…
Read MoreOffset requirements
A type of counter trade transaction, in an offset contract, which may be required by an importer´s government as a condition for approval of major sales agreements, the exporter makes an additional agreement to buy goods and services from the…
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