Format of each term reflects that used in UCP 600 Addition of “data processing system” to the “place for presentation” New definition for “Presenter” New definition for “Data corruption” New definition for “Data processing system” Definition of “Electronic record” expanded to include lo...
Need to know which International Commerce Term is right for your needs? Explore our curated guides from shipping expert Bob Ronai. Sustainability Prioritising sustainable supply chains? Building inclusive trade? Working towards the UN’s 2030 SDGs? Read the latest on global sustainable standards vs gr...
negative cash flow from investing activities is often different. It can indicate that significant amounts of cash have been invested in the long-term health of the company, such as research and development. While this may lead to short-term losses, the long-term result could be significant...
The “EN” stands for “European Norm.” You might also notice armor listed as “CE”. The letters “CE” are the abbreviation of the French phrase “Conformité Européene” which literally means “European Conformity”. The term initially used was “EC Mark” and it was officially replaced...
The term asset management is often used in the financial sector to refer to people and companies that manage investments and property of others.These are, for example, asset managers who work for a pension fund to manage the pensions of a group of the population. The discipline takes many ...
In conclusion, the term “QS” in shoes, which stands for Quickstrike, holds a special place in the world of footwear, particularly within the realm of Nike. Quickstrike shoes are not just about limited availability; they represent a fusion of quality, durability, style, and comfort. ...
Each construction and all fibers have advantages and disadvantages. The committee decided to encompass both ATPV and EBT and rename the term “Arc Rating”. After much consideration, the committee decided to leave the terms EBT and ATPV as a subscript or an addendum to the Arc Rating. Both ...
The iron produced in this reaction is known as steel. The term "steel" actually refers to a wide variety of products. The various forms of steel all contain iron and carbon. They also contain one or more other elements, such as silicon, titanium, vanadium, chromium, manganese, cobalt, ...
A CY/CY shipment term simply tells the shipper the port at which the containers are getting delivered to, as well as the end destination of the containers, so that it is clear to the shipper, exporter and customer where responsibility lies when transporting containers. CY-CY Container Services...
Need to know which International Commerce Term is right for your needs? Explore our curated guides from shipping expert Bob Ronai. Sustainability Prioritising sustainable supply chains? Building inclusive trade? Working towards the UN’s 2030 SDGs? Read the latest on global sustainable standards vs gr...