RDl/c means REVOLVING DOCUMENTARY LETTER of CREDIT
- it is banking instrument & it usual payment term in Int' trading when we speaking for yearly contracts.
in this case each month shipment-loading has the same value.
What does RWA mean in the oil trading business
carriage paid to
Sales and Purchase Agreement,
RWA = ready, willing and able POF = Proof of funds
fco in international trading is:Full Corporate Offer .This is the final, detailed, specific offer that the seller is sending to the buyer.Doron Tamir, Advocate.http://law.tamir.co.il/?cf=wikians
POF stands for proof of fund that is used for collateral or securities. It proofs that one has fund to maintain any cost.
The two trading terms were that she had learned how to tie a shoe and how to steal others notes
CIS: Chinese International Shipping
Performance bond A surety bond between two parties, insuring one party against loss if the terms of a contract are not fulfilled. Usually part of a construction contract or supply agreement.
The International Ship and Port Facility Security Code (ISPS Code)
Incoterms is a set of trade terms wich define the costs and risks for sellers and buyers in the international trade. Incoterms is a trademark of the International Chamber of Commerce.
It basically just means borrowing(:People just have different ways of saying it.ex. Regrouping, Trading, ect.