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Corporate and Institutional Glossary

Packing List Par Par Value Parcel Post Receipt Parcel Receipt Shipment Parity Payee Payment Date Perils Of The Sea Phytosanitary Certificate Pickle Lease Pip Point Port Of Discharge Port Of Entry Port Of Loading Position Power Of Attorney Pre-Authorized Payments Premium Prenotifications Present Value Presentation Time Price Per Share Pro-Forma Invoice Promissory Note Protest Purchase Contract Purchase Option Put Put Option

Parcel Receipt Shipment An arrangement whereby a steamship company will, under rules and regulations established in the freight tariff of a given trade, accept small packages at rates below the minimum bill of lading rate. Parcel receipts are then issued in lieu of bills of lading.

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