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1、Words and phrases in business practiceQuality Purchase contract P/C Purchase confirmation P/C Sales contract S/C Sales confirmation S/C Brand Trade mark F.A.Q=Fair Average Quality 大路貨 G.M.Q=Good Merchantable Quality Duplicate sample Sale by specification/grade/standard Sale by description and illust
2、rations Sale by trade mark or brand name Sale by name of origin Sale by samplesellers sample Buyers sample Counter sample Confirming sampleQuantity SI= International System of units The metric system The British system The U.S system Measurement ton Gross weight Net weight Gross for Net More or Less
3、 ClauseTrade terms INCOTERMS 2000 =International Rules for the Interpretation of Trade Terms EXW =Ex Works FCA =Free Carrier FAS =Free Alongside Ship FOB =Free On Board CFR =Cost and Freight CIF =Cost,Insurance and Freight CPT =Carriage Paid To CIP =Carriage and Insurance Paid to DAF =Delivered At F
4、rontier DES =Delivered Ex Ship DEQ =Delivered Ex Quay DDU =Delivered Duty Unpaid DDP =Delivered Duty Paid FOB變形 FOB Stowed FOB trimmed FOBST CIF變形 CIFC 10%=CIFC10Payment Payer Payee Cheque/check Promissory note commercial promissory note Banks promissory note 1.draft/bill of exchange B/E drawer draw
5、ee (i.e. payer) payee clarified: bankers draft/bill commercial draft/bill clean draft/bill documentary bill sight/demand draft time/usance /term bill commercial acceptance bill bankers acceptance bill time bill 4種規(guī)定: atdays after sight at days after date at days after date of bill of lading a fixed
6、date drafts beneficiary: (1)restrictive one: pay .co.only pay .co.not negotiable (2) instructive one: pay co.or order pay to the order of .co/bank (3)bearer : pay bearer the kinds of remittance: T/T Telegraphic Transfer M/T Mail Transfer D/D Demand Draft endorser endorsee endorsementblank endorsemen
7、t special endorsement restrictive endorsement Bona Fide Bearer/holder 2collection principle remitting bank collecting bank payer documentary collection D/P documents against payment D/A documents against acceptance Trust Receipt=T/R 3letter of credit=L/C applicant for the l/c =opener /accountee /pri
8、nciple /orderer opening/issuing/establishing bank advising/informing/notifying bank beneficiary(payee) negotiating bank paying bank/drawee bank confirming bank classification: clean credit documentary credit revocable credit irrevocable credit sight credit usance credit transferable/assignable/trans
9、missible credit nontransferable/non negotiable credit confirmed credit unconfirmed credit revolving credit back to back credit 4.others recourse negotiation accepting bank advanced deposit payment in advance CWO=Cash With Order COD=Cash /Collect On Delivery CAD=Cash Against Documents Open accountShi
10、pment freight ton weight ton measurement ton registered tonnage lay time time of shipment shipping instructions shipping advice port of loading/shipment port of discharge demurrage despatch actual delivery charter Party mates receipt short shipment liner Shipping voyage charter time charter shipping
11、 space carrier port surcharge port congestion multi-modal transportationairway bill F.I=Free In F.O=Free Out F.I.O=Free in and outRO/RO=roll on/roll off vessels bill of lading:B/L on board B/L received for shipment B/L=alongside B/L straight B/L blank/open B/L order B/L clean B/L unclean/foul B/L di
12、rect B/L transshipment B/L short-form B/L long-form B/L container B/L advanced B/L antedated B/L Insurance Air Transportation Cargo Insurance Parcel post insurance Overland transportation insurance the insured insurer/underwriter/insurance company insured goods/cargo insurance agent insurance /insur
13、ed amount insurance cover insurance coverage/conditions insurance premium insurance policy insurance certificate valued policy unvalued policy open policy combined certificate (Hong Kong,Marco,Singapore) time policy voyage policy mixed policy I.C.C=Institute Cargo Clause Institute of London Underwri
14、ters Average total lossactual total loss constructive total loss partial loss particular average general average Free from Particular Average=F.P.A With Particular Average =W.P.A All Risks =A.R General Additional risks: Theft, Pilferage and Non-delivery=T.P.N.D Fresh Water Rain Damage =F.W.R.D Risk of Shortage Risk of Intermixture and Contamination Leakage Risk Clashing and breakage risks Risk of odor Swe
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