GLOSSARY OF TERMS
a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
p
q
r
s
t
u
v
w
x y z
D
Date Draft
- A draft that matures in a specified number of days after issuance without regard to date of acceptance.
DDC
- Destination Delivery Charge.
DDP (Delivered Duty Paid)
- Also known as "free domicile" or "free house."
DDU (Delivered Duty Unpaid)
- This reflects the emergence of "door-to-door" intermodal or courier contracts or carriage where only the destination customs duty and taxes (if any) are paid by consignee.
Dead Freight
- Freight charges paid by the charterer of a vessel for the contracted space which is left partially unoccupied.
Deck Cargo
- Cargo carried on deck rather than stowed under deck. On-deck carriage is required for certain commodities, such as explosives.
Demurrage
- A penalty for exceeding free time allowed for loading or unloading at a pier or freight terminal. Also a charge for undue detention of transportation equipment or carriers in port while loading or unloading.
Density
- Weight units per unit of volume.
Dim Weight (Dimensional Weight)
- An airfreight term used to describe the results of computing the chargeable weight from the cubic measurement of a shipment.
Draft
- An unconditional order in writing from one person (the Drawer) to another (the Drawee), directing the drawee to pay a specified amount to a named drawer on presentation or on a fixed date.
Drawee
- The individual or firm on whom a draft is drawn and who owes the stated amount to the drawer.