Glossary
ALL
TEU(Twenty foot Equivalent Units)
Commonly describes a 20-foot container.
TT (Telegraphic Transfer)
Electronic money transfer method. Also referred as Wire Transfer.
TTS (Telegraphic Transfer Selling rate)
The foreign exchange authorized banks to quote their selling rates of foreign currencies.
Tare Weight
The weight of a container and packing materials without the weight of the goods it contains.
Tariff
A document issued by carriers or conferences that establish all rules, rates, and charges for the movement of goods.
Warehouse receipt
A receipt issued by a warehouse listing goods received for storage.
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