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R.
& C.:
Rail and Canal
R/C:
Reconsigned
r.
& c.c.: Riots
and civil commotions
r.c.c.
& s.: Riots,
civil commotions and strikes
Rebate:
A deduction taken from
a set payment or charge.
As a rebate is given after
payment of the full amount
has been made, it differs
from a discount which
is deducted in advance
of the payment. In foreign
trade, a full or partial
rebate may be given on
import duties paid on
goods which are later
re-exported.
Reciprocity:
A practice by which governments
extend similar concessions
to one another.
Red
Clause Letter of Credit:
A letter of credit that
allows the exporter to
receive a percentage of
the face value of the
letter of credit in advance
of shipment. This enables
the exporter to purchase
inventory and pay other
costs associated with
producing and preparing
the export order.
REFG.:
Refrigerating; Refrigeration
Regs.:
Registered Tonnage
Retaliation:
Action taken by a country
to restrain its imports
from another country that
has increased a tariff
or imposed other measures
that adversely affects
the firsts country's exports.
RORO
(ROLL ON-ROLL OFF):
Direct drive on/drive
off wheeled vehicles on
specially-designed ocean-going
vessels.
Route:
an established air passage,
from point of departure
to terminating station.
Royalty:
a charge on charter flights
levied by some governments
before traffic rights
are granted. Sometimes
called a "no objection
fee." Usually a fixed
proportion of a total
charter value.
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