FTZ

Known in some countries as a free zone, a foreign trade zone (FTZ) is a site within the USA (in or near a U.S. Customs port of entry) where foreign and domestic goods are held until they ready to be released into international commerce. If the final product is imported into the U.S., duties and taxes are not due until the goods are release into the U.S. market. Merchandise may enter a FTZ without a formal Customs entry or the payment of Customs duties or government excise taxes. In the zone, goods may

Related Terms

COPPER STRIP CORROSION

A qualitative measure of the tendency of a petroleum product to corrode pure copper.

FILTER HEAD

An end closure for the filter case or bowl that contains one or more ports.

FILTER HEAD

An end closure for the filter case or bowl which contains one or more ports.

HYDROMETEOR

Any product of the condensation or sublimation of atmospheric water vapor whether forme

IALA MARITIME BUOYAGE SYSTEM

A buoyage which is now implemented by most maritime nations. Within the single system there are two buoyage regions, designated as Region A and Region B, where lateral marks differ only in the colors of port and starboard hand marks. In Region A, red is to port on entering; in Region B, red is to starboard on entering. The system is a combined cardinal and lateral system, and applies to all fixed and floating marks, other than lighthouses, sector lights, leading lights and marks, lightships and large navigational buoys.

DEQ

Delivered ex quay (duty paid) (named port of destination);

COGSA

Carriage Of Goods by Sea

FERROUS HYDROXIDE

The reaction product of iron and water in the absence of oxygen; it remains soluble in the water Fe(OH)2.

APORT

Over to the port side.

DEBARCATION

The process of leaving a ship or aircraft, or removing goods from a ship or aircraft.

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