| Term | Definition |
|---|---|
| A.I.D. |
Agency for International Development. |
| AA |
Always Afloat. A contract term requiring that the vessel notrest on the ground. In some ports the ship is aground when approaching or atberth. |
| AAR |
Against All Risks (insurance clause). Association of AmericanRailroads. |
| Abaft |
A point beyond the midpoint of a ships length towards the rearor stern. |
| Abandon |
A proceeding wherein a shipper/consignee seeks authority toabandon all or parts of their cargo. |
| Abatement |
A discount allowed for damage or overcharge in the payment of abill. |
| Aboard |
Referring to cargo being put or laden onto a means ofconveyance. |
| Acceptance |
A time draft (or bill of exchange) that the drawee (payer) has accepted and is unconditionally obligated to pay at maturity.Broadly speaking any agreement to purchase goods under specified terms. |
| Accessorial Charges |
Charges that are applied to the base tariff rate or base contract rate e.g.bunkers container currency destination/delivery. |
| Acquiescence |
When a bill of lading is accepted or signed by a shipper orshippers agent without protest the shipper is said to acquiesce to the termsgiving a silent form of consent. |
| Acquittance |
A written receipt in full in discharge from all claims. |
| Act of God |
An act beyond human control such as lightning flood orearthquake. |
| Ad Valorem |
A term from Latin meaning according to value. Import dutyapplied as a percentage of the cargos dutiable value. |
| Administrative Law Judge |
A representative of a government commission or agency vestedwith power to administer oaths examine witnesses take testimony and conducthearings of cases submitted to or initiated by that agency. Also called HearingExaminer. |
| Admiralty (Adm.) |
Refers to marine matters such as an Admiralty Court. |