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Economy

Pertaining to the system or range of economic activity in a country, region, or community.

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Economy > International trade

Consignment

Economy; International trade

Delivery of merchandise from an exporter (the consignor) to an agent (the consignee) under agreement that the agent sell the merchandise for the account of the exporter. The ...

Confirmed letter of credit

Economy; International trade

A letter of credit, issued by a foreign bank, the validity of which has been confirmed by a domestic bank. An exporter whose payment terms are a confirmed letter of credit is ...

Common carrier

Economy; International trade

An individual, partnership, or corporation that transports persons or goods for compensation.

Commission agent

Economy; International trade

See Purchasing agent.

Commercial invoice

Economy; International trade

An itemized list of goods shipped, usually included among an exporter's collection papers.

Commercial attache

Economy; International trade

The commerce expert on the diplomatic staff of his or her country's embassy or large consulate.

Collection papers

Economy; International trade

All documents (commercial invoices, bills of lading, etc.) submitted to a buyer for the purpose of receiving payment for a shipment.

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