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payment of freight

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  • Freight payment service — Freight Payment ServiceThe freight payment industry was actually formed by a series of Banks when the transportation marketplace was heavily regulated. Motor carrier bills had to be paid within 7 days and rail bills needed to be paid within 5… …   Wikipedia

  • freight prepaid — ˌfreight preˈpaid noun [uncountable] TRANSPORT used on a bill of lading to show that the cost of Transporting the goods has already been paid: • They issue their own bills on a freight prepaid basis. * * * freight prepaid UK US adjective… …   Financial and business terms

  • freight prepaid — A term familiar in sales contracts, imposing upon the seller the obligation of payment of freight charges. A term, which, when marked or stamped on a bill of lading, does not necessarily, but may, under the circumstances of a particular case,… …   Ballentine's law dictionary

  • Freight Conductor — A freight conductor is a person who is employed by a railroad. The freight conductor is the lead employee assigned to a freight train, and is responsible for the smooth operation of the assignment. Freight conductors specialties 1) Yard Foreman A …   Wikipedia

  • Freight expense — In accounting, the concept of a freight expense account can be generalized as a payment for sending out a product to a customer. It falls under the umbrella category of Expenses and is treated like other expense accounts in relation to the… …   Wikipedia

  • freight — 1. noun /freɪt/ a) Payment for transportation. The freight was more expensive for cars than for coal. b) Goods or items in transport. The freight shifted and the trailer turned over on the highway. Syn: cargo …   Wiktionary

  • Cost and Freight — ( CFR) Seller is responsible for the payment of freight to carry goods to a named destination, as agreed with the buyer. This should be used with ocean shipments only, as the point where risk and responsibility pass from seller to buyer is the… …   Financial and business terms

  • Cost Insurance and Freight — ( CIF) Seller is responsible for the payment of freight to carry goods to a named destination, as agreed with the buyer. The seller is also responsible for providing cargo insurance at minimum coverage against the buyer s risk of loss or damage… …   Financial and business terms

  • he or they paying freight — A term in a bill of lading indicating the consignee s obligation for payment of freight charges. 13 Am J2d Car § 477 …   Ballentine's law dictionary

  • international payment and exchange — ▪ economics Introduction international exchange also called  foreign exchange        respectively, any payment made by one country to another and the market in which national currencies are bought and sold by those who require them for such… …   Universalium

  • E-commerce payment system — An e commerce payment system facilitates the acceptance of electronic payment for online transactions. Also known as a sample of Electronic Data Interchange (EDI), e commerce payment systems have become increasingly popular due to the widespread… …   Wikipedia

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