| Rail Waybill |
A document used to control the transportation of a shipment of goods via rail. It is similar in content to an inland bill of lading, with freight and other charges, and routing. |
| Rate Of Exchange |
The price at which the money of one country can be exchanged for the money of another country. |
| Real Rights |
Rights in real estate or in items attached to real estate. |
| Realignment of Currencies |
Simultaneous and mutually coordinated revaluation and devaluation of the currencies of several countries. |
| Receipt |
1. Any written acknowledgment of value received. It is a mere admission of a fact without containing any affirmative obligation.
2. Receipt of goods means taking possession of goods. |
| Received For Shipment Bill Of Lading |
A bill of lading which confirms the receipt of goods by the carrier for transportation on a particular vessel, but not their actual loading on board the vessel nor their actual shipment. |
| Receiving Papers |
In transportation, paperwork that accompanies a shipment when it is brought to a carrier. |
| Reciprocal Trade Agreement |
An international agreement between two or more countries to establish mutual trade concessions that are expected to be of equal value. |
| Reciprocity |
The process by which governments extend similar concessions to each other. |
| Reconsignment |
In transportation, a change in the name of the consignee; a change in the place of delivery; or relinquishment of the shipment by the carrier at the point of origin. |
| Redeliver |
1. To yield and deliver back a thing.
2. (USA) In U.S. Customs, it is a demand by customs to return to Custom's custody goods for reexamination, detention, re-export or destruction. |
| Reefer Container |
A controlled temperature shipping container (usually refrigerated with a self-contained refrigeration unit). |
| Reexport |
The export of imported goods without appreciable added value. |
| Refund |
1. To repay or restore. To return money in restitution or repayment. To return overpaid charges
2. That which is refunded. The amount returned.
3. To fund again or renew; specifically to borrow in order to pay off an existing loan with the proceeds. |
| Relay |
In marine transportation, a procedure in which a shipment is shipped to an intermediate port and transferred to another vessel for delivery to the ultimate destination port. |
| Remittance |
Funds forwarded from one person to another. |
| Replevin |
A legal action for the recovery of property brought by the owner or party entitled to repossess the property against a party who has wrongfully kept it. |
| Request For Quotation |
A negotiating approach whereby the buyer asks for a price quotation from a potential seller for specific goods. |
| Rescind |
To abrogate, annul, avoid, cancel a contract; declare it void in its inception and put an end to it as though it never were. |
| Reserved Freight Space |
A service by some carriers (airlines and ship lines) enabling shippers to reserve freight space on designated voyages. |
| Restricted Letter of Credit |
A letter of credit which restricts negotiation to the bank the issuing bank has nominated in the credit. |
| Restrictive Business Practices |
Actions in the private sector designed to restrict competition in order to keep prices relatively high. |
| Retaliation |
1. the return of evil for evil.
2. Action taken by a country to restrain its imports from a country that has increased a tariff or imposed other measures that adversely affect its exports. |
| Revaluation |
1. The restoration of the value of a nation's currency that had once been devalued in terms of the currency of another nation.
2. The restoration of purchasing power to an inflated currency.
3. Restoration of the value of a currency
4. Currencies of countries undergoing inflation are more often "devalued," meaning that either by market forces or by declaration of the issuing government, a greater number of units of its currency are required to purchase other currencies. When the reverse occurs, usually in an attempt to restore the purchasing power of an inflated currency, this is called "revaluation." |
| Reverse Preferences |
Tariff advantages offered by developing countries to imports from certain developed countries that had granted them trade preferences in the past .(This practice has generally ceased) . |
| Revolving Letter of Credit |
A letter of credit which when drawn upon is automatically restored to its full amount, periodically, or after a particular event prescribed in the credit. |
| Risk Position |
The condition of an asset or liability which is exposed to fluctuations in value (on the international markets this would include changes in exchange rates or interest rates as well as changes in market value) |
| Road Waybill |
Transport document is used to control shipments of goods via truck. It contains the same information as an inland bill of lading, with freight and other charges, and routing. |
| Roll on, Roll off |
A category of ships designed to load and discharge cargo which rolls on wheels, and as the name says is driven onto the decks of the vessel and driven off. |
| Rollover Credit |
Short term notes or loans which may be extended after the initial due date. |
| Route |
1. A customary or regular line of passage or travel.
2. The course or direction that a particular shipment moves.
3. To direct the routing of a shipment (and whose services shall be employed). |
| Royalty |
Compensation for the use of property, usually copyrighted or patented material or natural resources, based on an agreed percentage of the income arising from its use or an amount per unit produced. |
