Commonly Used Terms
Certificate of Origin (CO)
A Certificate of Origin (CO) is a shipping document that establishes the origin of goods or commodities being shipped. The document contains details pertaining to the goods/commodity being shipped, the country of import, and the country of export. It is an essential document required by quite a few international trade agreements between nations.
This document is also important because it helps ascertain the import eligibility of the goods/commodity and applicable duties or exemptions.
There are two types of Certificate of Origin:
- Preferential: Preferential Certificate of Origin indicates that the goods qualify for a reduced tariff or tariff-free treatment under trade arrangements between the countries.
- Non-Preferential: Non-Preferential Certificate of Origin, also known as "ordinary COs," indicates that the goods do not qualify for a reduced tariff or tariff-free treatment under trade arrangements between the countries.
C
Currency Adjustment Factor (CAF)
Cross-docking
Cost, Insurance and Freight (CIF)
Cost and Freight (CFR)
Contract of Carriage
Container Yard (CY)
Completely Knocked Down (CKD)
Certificate of Origin (CO)
Cellular Vessel
Carriers
Carrier's Lien
Carriage Paid To (CPT)
Carriage And Insurance Paid To (CIP)
Carnet
Cargo Agents Settlement System (CASS)
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