Glossary
| ATR | ATR Certificate | Certificate used for commercial trade between European Union countries and Turkey. |
| B / L | Bill of Lading | Legal document signed by an authorized representative (the shipper or shipping company) which reflects and acknowledges the transportation contract. |
| CAD | Cash Against Documents | Payment method in which the importer pays for the goods before receiving them. |
| UUC | Union Customs Code | Regulation applicable to merchandise trade between the European Union and other countries |
| CETA | Comprehensive Economic and Trade Agreement | Economic and commercial agreement between the European Union and Canada |
| Quotation | Economic offer for every transaction and route plan. | |
| CY | Container Yard | Containers’ loading and reception area. |
| Customs clearance | A set of procedures and operations carried out at customs in order to control, supervise and authorize merchandise entrance or exit in a specific territory in an international transaction. | |
| SAD | Single Administrative Document | Single form used in all European customs procedures. |
| EORI | Economic Operators Registration and Identification number | Unique identification number used as common reference for all customs authorities within the European Union. |
| Stowage | Convenient weight distribution on ships. | |
| ETS /ETD | Estimated Time of Sailing / Departure | The estimated departure time for a ship. |
| ETA | Estimated Time of Arrival | The arrival departure time for a ship. |
| EUR 1 | EUR 1 Certificate | Certificate of preferred origin given by the European Union to several countries with a preferential agreement. It must justify the merchandise’s origin to apply. |
| FCL | Full Container Load | A full container from a sender to a receiver. |
| LCL | Less Container Load | A container loaded with different cargo from different senders, sent as groupage. |
| IATA | International Air Transport Association | The International Air Transport Association has over 300 airlines and covers 80% of the world’s air traffic. |
| ICC | Institute Cargo Clauses | General insurance clauses on merchandise transport. |
| IMDG | International Maritime Dangerous Code | International code, stablished by the IMO, for dangerous goods’ transportation. They are classified in 9 categories according to their characteristics and degree of danger. |
| IMO | International Maritime | International Maritime Organization |
| Incoterms | International regulation for the commercial terms in international merchandise trade. | |
| ISO | International Standardization Organization | Organization in charge of standardizing containers shipped via sea transport. |
| L/C | Letter of credit | Payment method used in international trade to provide economic guarantee to an exporter. |
| Lo / Lo | Lift On – Lift Off | Loading and unloading merchandise with lifting devices. |
| LSFS | Low Sulphur Fuel Surcharge | Extra fee for generating pollution in the European Unions’ waterways. |
| MSDS | Material Safety Data Sheet | Documento que incluye los datos de seguridad de los materiales transportados. Pretende reducir los riesgos laborales y medioambientales, detallando los procedimientos a seguir para tratar con esas sustancias |
| OEA | Operador Econòmic Autoritzat | European Union Certificate accrediting a broker as a trustworthy professional in customs matters. |
| POL | Port of Landing | Original port where a container is loaded. |
| POD | Port of Discharge | Destination port, where a container is unloaded. |
| Ro / Ro | Roll on / Roll off | Loading and unloading rolled merchandise using the vessel’s ramp. |
| IOR | Intra-Community Operations Register | Register where all professionals performing intracommunity operations must be registered. |
| SMA | Security Manifest Amendment | Security Manifest Amendment. |
| SOLAS | Safety of Life at Sea | Amendments adopted by the IMO aiming to improve maritime security, especially the ones regarding containers’ weight declarations. |
| TARIC | TARIC Code | Ten-digit code to identify merchandise in documentation import and export formalities between the European Union and other countries. |
| TEU | Twenty Feet Equivalent Unit | Measuring unit used to measure the load of a 20ft container. A 20ft container equals one TEU, and a 40ft container, two. |
| ULD | Unit Load Device | Body of rules to regulate containers shipped via air transport. |
| T/T | Transit Time | Estimated navigation time between the port of loading and the port of discharge. |
| VGM | Verified Gross Mass | Verification of the containers’ gross weight. |
| ZAL | Zona d’Activitat Logística | Logistic platform where customs authorities are located. |