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E |
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Shipping
Terms
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E.A.O.N. |
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Except as otherwise
noted
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| EDI
or EDIFACT |
Electronic Data
Interchange for Administration, Commerce and Transport, from the
UN-backed electronic data interchange standards body, to create
electronic versions of common business documents that will work on a
global scale. One digital document under consideration, the
International Forwarding and Transport Message will do the jobs of
six different electronic messages currently in use.
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| Empty
Leg |
Results from an
aircraft primarily chartered outbound having cargo capacity inbound
or vice versa. A cheap form of airfreight.
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| Endorsement
in Blank |
Commonly used on a
bank check, an endorsement in blank is an endorsement to the bearer.
It contains only the name of the endorser and specifies no
particular payee. Also, a common means of endorsing bills of lading
dawn to the order of the shipper. The bills are endorsed
"For..." (see Bill of Lading, Order).
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| Eurodollars |
U.S. dollars on
deposit outside of the United States to include dollars on deposit
at foreign branches of U.S. banks, and dollars on deposit with
foreign banks.
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| Ex |
Signifies that the
quoted price applies only at the indicated point of origin (e.g.
"price ex factory" means that the quoted price is for the
goods available at the factory gate of the seller).
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| Ex.
B.L. |
Exchange bill of
lading
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Export
Broker
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The individual who
brings together buyer and seller for a fee, eventually withdrawing
from any transaction.
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| Export
Declaration |
A form to be
completed by the exporter or their authorized agent and filed in
triplicate by a carrier with the United State Collector of customs
at the point of exit. It serves a twofold purpose
1. Primarily, it is used by the U.S. Bureau of Census for the
compilation of export statistics on United States foreign trade (for
this reason an export declaration is required for practically all
shipments from the United States to foreign countries and the United
States possessions, except for mail shipments of small value, or for
those of a non commercial character); 2. The declaration also serves
as an export control document because it must be presented, together
with the export license, to the United States Customs at the port of
export. If the goods may be exported under general export license,
this fact must be stated on the export declaration.
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| Export
License |
A document secured
from a government, authorizing an exporter to export a specific
quantity of a particular commodity to a certain country. An export
license is often required if a government has place embargoes or
other restrictions upon exports. See General Export License.
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| Export
Trading Company |
A corporation or
other business unit organized and operated primarily for the purpose
of exporting goods and services, or of providing export related
services to other companies.
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| Express |
Premium-rated
service for urgent deliveries.
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| EXW |
Ex works. Same as
the former "Ex Works."FAK
Freight All Kinds - uniform airline charging scale applying
to a number of commodities; as opposed to SCR (Specific Commodity
Rate) applying to one commodity only.
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