Learn more about the lingo which sometimes leave you baffled. You can search for the explaination of various terms and Acronyms used in Foreign trade.
Please Click on the Alphabets given under to pull out from the Web the meanings of the terms

J.&W.O.: Jettison and washing overboard

JETSAM: Goods from a ship's cargo, or parts of its equipment, that have been thrown overboard to lighten the load in time of danger, or to set a stranded ship adrift.

Joint Venture: A form of business partnership involving joint management and the sharing of risks and profits between enterprises sometimes based in different countries.

Just-In-Time (JIT): The principle of production and inventory control in which goods arrive when needed for production or use.

K.D.C.L.: Knocked down in carload lots

KD Flat: An article taken apart, folded, or telescoped to reduce its bulk at least 66 2/3% below its assembled size.

K.D.L.C.L.: Knocked down in less than carload lots.

Knock Down (KD): An article taken apart, folded or telescoped in such a manner as to reduce its bulk at least 33 1/3% below its assembled bulk.

Knot (Nautical): The unit of speed equivalent to one nautical mile, or 6,080.20 feet per hour or 1.85 kilometers per hour.

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We publish the Industry terminology and acronyms as a courtesy to the international commerce community. While we have performed exhausting research in order to supply the most accurate and best available information we do not accept any responsibility for the usage of the terms as described in this website.

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