Glossary of International Trade Terms
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| NAFTA |
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North American Free Trade Agreement. |
| National Association Of Export Companies |
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A nonprofit organization to act as the information provider, support clearinghouse forum, and advocate for those involved in exporting and servicing exporters.
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| National Customs Brokers And Freight Forwarders Association |
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A non-profit organization which serves as the trade organization of customs brokers and international freight forwarders in the U.S. |
| National Security Controls |
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Restrictions placed on exports of U.S. goods and technology which would make a significant contribution to the military potential of another country and thus be detrimental to national security. |
| National Trade Data Bank (NTDB) |
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An electronic data base which contains international economic and export promotion information supplied by 15 U.S. governmental agencies. |
| National Treatment |
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National treatment affords foreign individuals and firms the same competitive opportunities, including market access, as are available to domestic parties. |
| Nationalization |
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Takeover by the government without compensation of a public or private activity. |
| NCBFAA |
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National Customs Brokers and Forwarders Association of America. |
| Negotiable |
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Anything that can be sold or transferred to another for money or as payments of a debt. |
| Negotiable Bill of Lading |
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Bill of lading transferred by endorsement. |
| Negotiable Warehouse Receipt |
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A certificate issued by an approved warehouse that guarantees the
existence and the grade of a commodity held in store. |
| Nested |
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Packed one within another. |
| Net Cash |
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Payment for goods sold usually within a short period of time with no deduction allowed from the invoice price. |
| Net National Product |
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The market value of the net output of goods and services produced by the nation's economy. |
| Net Price |
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Price after all discounts, rebates, etc have been allowed. |
| Net Weight |
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The weight of goods without packaging. |
| Neutral Air Waybill |
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A standard air waybill without identification of issuing carrier. |
| NII |
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National Information Infrastructure Task Force. |
| No Show |
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Freight that has been booked to a ship, but has not physically arrived in time to be loaded to that ship. |
| Notary Public |
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A person commissioned by a state for a stipulated period to administer certain oaths and to attest and certify documents. |
| Notify Address |
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Address mentioned in the transport document to which the carrier is to give notice when goods are due to arrive. |
| Notify Party |
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Name and address of a party in the transport document to be notified by the shipping company of the arrival of a shipment. |
| NPR |
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National Performance Review. |
| NTDB |
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National Trade Data Bank: A data base used as the central collection point for US government generated export promotion information.. |
| Nuclear Energy Agency |
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Promotes the safe and effective use of nuclear energy through the exchange of information among technical experts, the sharing of analytical studies, and undertaking joint research and development projects by member countries. |
| Nuclear Regulatory Commission (NCR) |
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A U. S. agency which regulates the transfer of nuclear facilities, materials and parts with uniquely nuclear applications. |
