Additional insurance for marine transport of goods. The cargo is the importer’s responsibility. It is active when the importer doesn’t arrange insurance or has insufficient insurance.
EXPORT CONTINGENCY INSURANCE
Category: E
EXPORT CREDIT
A place that lends to an exporter in their exporter’s country.
EXPORT CREDIT GUARANTEE
Insurance to cover an exporter from nonpayment by the importer. It has an ad valorem fee that considers credit worthiness of the importer.
EXPORT DECLARATION
A form for customs the exporter done at the port to describe the exports and be a control document. An export license or certificate of origin is needed as well.
EXPORT IMPORT BANK (EXIM BANK)
An agenc that gives insurance against losses for nonpayment. It promotes foreign trade. They may also offer marine insurance, post shipment discounts, pre shipment advances, and locating new markets.
EXPORT INCENTIVES
An allowance for domestic companies to export.
EXPORT LICENSE
A document the government agency needs for export of technologies, prohibited material, dangerous material, stragetic material, or goods that are in short supply.
EXPORT MANAGEMENT COMPANY
A company that is a sales agent to distribute for exporters. It is for international business.
EXPLODING THE BILL OF MATERIALS
When materials used to make something are broked down to each component. Once used its off a materials list.
EXPLORATION
In mining law. The examination and investigation of land supposedto contain valuable minerals, by drilling, boring, sinking shafts, driving tunnels, andother means, for the purpose of discovering the presence of ore and its extent. ColvinWeimer, 64 Minn. 37, 65 N. W. 1079.