Glossary
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A
| AAR | Abbreviation for:
- Against All Risks (insurance clause). |
|---|---|
| Accessorial Charges | Charges that are applied to the base tariff rate or base contract rate, e.g., bunkers, container, currency, destination/delivery. |
| Add-Ons | Additional charges above ocean freight. |
| Ad Valorem | A term from Latin meaning, "according to value." Import duty applied as a percentage of the cargo's dutiable value. |
| Advising Bank | A bank operating in the seller's country that handles letters of credit on behalf of a foreign bank. |
| AI | All Inclusive. |
| All Water | A shipment that is transported from its origin to its destination solely by water transportation. |
| Alongside | A phase referring to the side of a ship. Goods delivered "alongside" are to be placed on the dock or barge within reach of the transport ship's tackle so that they can be loaded. |
| AMS | The U.S. Customs' "Automated Manifest System." |
| Arbitrary |
1. A fixed amount which a transportation line agrees to accept in a dividing joint rate.
2. A fixed amount added to or deducted from one station to make a rate from another station. 3. A fixed amount added to or deducted from a rate to one station to make a rate to another station. |
| Arrival Notice | A notification by carrier of ship's arrival to the consignee, the "Notify Party", and - when applicable - the "Also Notify Party." |