| A | B |
|---|
| Bill of Lading | A receipt signed by the authorized agent of a transportation company for merchandise received that also serves as a contract for the delivery of the merchandise. |
| Commercial Invoice | A statement prepared by the seller of merchandise addressed to teh buyer showing a detailed listing and description of merchandise sold, including prices and terms. |
| Contract of Sale | A document that details all the terms agreed to by seller and buyer for a sales transaction. |
| Draft | A written, signed, and dated order from one party ordering anotehr party, usually a bank, to pay money to a third party. |
| Exports | Goods or services shipped out of a seller's home country to a foreign country. |
| Imports | Goods or services bought from a foreign country and brought into a buyer's home country. |
| Letter of Credit | A letter issued by a bank guaranteeing that a named individual or business will be paid a specified amount provided stated conditions are met. |
| Sight Draft | A draft payable on sight when the holder presents it for payment. |
| Time Draft | A draft that is payable at a fixed or determinable future time after it is accepted. |
| Trade Acceptance | A form signed by a buyer at the time of a sale of merchandise in which the buyer promises to pay the seller a specified sum of money, usually at a stated time in the future. |
