GLOSSARY OF INTERNATIONAL TRADE TERMS

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A

B

C

D

E

F

G

H

I

J

K

L

M

N

O

P

Q

R

S

T

U

V

W

X

Y

Z

#

D

Date Draft Deferred Payment Credit Demand Draft Demurrage Destination Control Statement Devaluation Of Currency Direct Exporting Dishonor Dock Receipt Documentary Credit Documentary Draft Documents Documents Against Acceptance (D/A) Documents Against Payment (P/A) Draft Drawback Drawee Dumping Duty

Duty A tax imposed on imports by the customs authority of that country. Duties are generally based on the value of the goods (ad valorem duties), some other factor such as weight or quantity (specific duties) or a combination of value and other factors (compound duties).

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