AAR
Abbreviation for:
– Against All Risks (insurance clause).
– Association of American Railroads. Abaft
A point beyond the midpoint of a ship’s length, towards the rear or stern. Abandon
A proceeding wherein a shipper/consignee seeks authority to abandon all or parts of their cargo. Abatement
A discount allowed for damage or overcharge in the payment of a bill. ABI
U.S. Customs’ “Automated Broker Interface,” by which brokers file importers’ entries electronically.
Aboard
Referring to cargo being put, or laden, onto a means of conveyance. Absorption
One carrier assumes the charges of another without any increase in charges to the shipper. Acceptance
– A time draft (or bill of exchange) that the drawee (payer) has accepted and is
unconditionally obligated to pay at maturity.
– Broadly speaking, any agreement to purchase goods under specified terms. |