Reporting and analysis
Industrial markets, manufacturing and procurement reporting.
Glossary
Glossary
B
- Bill of Lading
- A transport document issued by a carrier that evidences receipt of cargo, the carriage contract, and title to the goods.
F
- Free On Board (FOB)
- An Incoterm under which the seller delivers goods on board a vessel nominated by the buyer; risk transfers once the goods are loaded.
I
- Incoterms 2020
- International rules published by the International Chamber of Commerce that define buyer and seller responsibilities, cost, risk, and delivery points in international sales contracts.
L
- Letter of Credit
- A bank-issued payment undertaking that guarantees the seller receives payment when documentary conditions are met.