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E.A.O.N.:
Except as otherwise noted.
EDI
or EDIFACT: Electronic
Data Interchange for Administration,
Commerce and Transport,
from the UN-backed electronic
data interchange standards
body, to create electronic
versions of common business
documents that will work
on a global scale. One
digital document under
consideration, the International
Forwarding and Transport
Message will do the jobs
of six different electronic
messages currently in
use.
Empty
Leg: Results from
an aircraft primarily
chartered outbound having
cargo capacity inbound
or vice versa. A cheap
form of airfreight.
Endorsement
in Blank: Commonly
used on a bank check,
an endorsement in blank
is an endorsement to the
bearer. It contains only
the name of the endorser
and specifies no particular
payee. Also, a common
means of endorsing bills
of lading dawn to the
order of the shipper.
The bills are endorsed
"For..." (see Bill of
Lading, Order).
Eurodollars:
U.S. dollars on deposit
outside of the United
States to include dollars
on deposit at foreign
branches of U.S. banks,
and dollars on deposit
with foreign banks.
"Ex":
Signifies that the quoted
price applies only at
the indicated point of
origin (e.g. "price ex
factory" means that the
quoted price is for the
goods available at the
factory gate of the seller).
Ex.
B.L.: Exchange
bill of lading.
Export
Broker: The individual
who brings together buyer
and seller for a fee,
eventually withdrawing
from any transaction.
Export
Declaration: A
form to be completed by
the exporter or their
authorized agent and filed
in triplicate by a carrier
with the United State
Collector of customs at
the point of exit. It
serves a twofold purpose:
- Primarily,
it is used by the U.S.
Bureau of Census for
the compilation of export
statistics on United
States foreign trade
(for this reason an
export declaration is
required for practically
all shipments from the
United States to foreign
countries and the United
States possessions,
except for mail shipments
of small value, or for
those of a non commercial
character);
- The
declaration also serves
as an export control
document because it
must be presented, together
with the export license,
to the United States
Customs at the port
of export. If the goods
may be exported under
general export license,
this fact must be stated
on the export declaration.
Export
License: A document
secured from a government,
authorizing an exporter
to export a specific quantity
of a particular commodity
to a certain country.
An export license is often
required if a government
has place embargoes or
other restrictions upon
exports. See General Export
License.
Export
Trading Company:
A corporation or other
business unit organized
and operated primarily
for the purpose of exporting
goods and services, or
of providing export related
services to other companies.
Express:
Premium-rated service
for urgent deliveries.
EXW:
Ex works. Same as the
former "Ex Works."
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