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Admiralty law. A bill of lading ( / ˈleɪdɪŋ /) (sometimes abbreviated as B/L or BOL) is a document issued by a carrier (or their agent) to acknowledge receipt of cargo for shipment. [1] Although the term is historically related only to carriage by sea, a bill of lading may today be used for any type of carriage of goods. [2]
OnTrac (formerly LaserShip) is a last-mile delivery company that services the continental United States. Founded in 1986 as LaserShip, the company is based in Vienna, Virginia and has sorting centers in 31 states.
The twenty-foot equivalent unit (abbreviated TEU or teu) is a general unit of cargo capacity, often used for container ships and container ports. [1] It is based on the volume of a 20-foot-long (6.1 m) intermodal container, a standard-sized metal box that can be easily transferred between different modes of transportation, such as ships, trains ...
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an ...
Transfer Day is a holiday celebrated in the U.S. Virgin Islands on March 31. It marks the transfer of the islands from Denmark to the United States that took place in 1917. The islands were initially held by various European countries, and were under the sole control of Denmark by 1754. Transfer Day could have taken place years earlier, but due ...
once every 2 weeks qAc Before every meal (from Latin quaque ante cibum) q.a.d. every other day (from Latin quaque altera die) QALY: quality-adjusted life year: q.AM: every day before noon (from Latin quaque die ante meridiem) q.d. every day (from Latin quaque die) q.d.s. four times each day (from Latin quater die sumendus) q.h.
In sailing, heaving to (to heave to and to be hove to) is a way of slowing a sailing vessel's forward progress, as well as fixing the helm and sail positions so that the vessel does not have to be steered. [1] It is commonly used for a "break"; this may be to wait for the tide before proceeding, or to wait out a strong or contrary wind.
The notation "2% 10, net 30" indicates that a 2% discount can be taken by the buyer only if payment is received in full within 10 days of the date of the invoice, and that full payment is expected within 30 days, For example, if a $1000 invoice has the terms, "2% 10, net 30", the buyer can take a 2% discount ($1000 x .02 = $20) and make a ...