Physical Address

304 North Cardinal St.
Dorchester Center, MA 02124

Glossary Terms

Abusive Draw

Acceptance

Accessory Guarantee

Account Party

Ad Valorem Duty

Advance Payment

Advance Payment Bond

Advance Payment Guarantee

Advance Ruling

Advised Letter of Credit

Advising Bank

Advising the Credit

Air Waybill (AWB)

Airway Release

Anti-Dumping Duty

Applicant

Approval Documents Sent On

Arbitration Clause

Assignment of Proceeds

Authorized Economic Operator (AEO)

Automated Clearing House (ACH)

Aval

Avalized Draft

Back-to-Back Letter of Credit

Balance of Trade

Bank Guarantee

Bank Identifier Code (BIC)

Bank Payment Obligation (BPO)

Bank Transfer

Banker’s Acceptance (B/A)

Barter

Beneficiary

Bid Bond

Bill of Exchange

Bill of Lading (B/L)

Blockchain in Trade Finance

Bond

Bonded Warehouse

Carriage and Insurance Paid To (CIP)

Carriage Paid To (CPT)

Carrier’s Certificate

Cash Against Documents (CAD)

Cash in Advance

Cash Management

Cash Sales

Certificate of Analysis

Certificate of Conformity

Certificate of Free Sale

Certificate of Good Manufacturing Practice (GMP)

Certificate of Inspection

Certificate of Manufacture

Certificate of Non-Preferential Origin

Certificate of Origin

Certificate of Preferential Origin

Charter Party Bill of Lading

Clean Bill of Lading

Clean Draft

Clean Letter of Credit

Collateral

Collecting Bank

Combined Transport Document

Commercial Invoice

Commercial Letter of Credit

Commercial Risk

Complying Presentation

Confirmed Letter of Credit

Confirming Bank

Confirming Bank’s Role

Confirming the Credit

Consignee

Consignment

Consular Invoice

Consular Legalization

Contract Guarantee

Correspondent Bank

Counter-Standby

Countersignature

Countertrade

Countervailing Duties

Country Risk

Credit Insurance

Credit Risk

Cross-Border Transaction

Customs Duty

Deferred Payment

Deferred Payment Credit

Delivered at Place (DAP)

Delivered at Place Unloaded (DPU)

Delivered at Terminal (DAT)

Delivered Duty Paid (DDP)

Delivered Duty Unpaid (DDU)

Delivery Against Acceptance

Delivery Against Payment

Delivery Order

Delivery Terms

Demand Guarantee

Diplomatic Clause

Direct Collection

Discounting

Discrepancies