Category: Updates

Lay days - How To Discuss

Lay days, Definition of Lay days: Number of days allowed by a port authority to a ship to load or unload cargo without incurring demurrage or late charges...

No claim - How To Discuss

No claim, Definition of No claim: Designating a discount allowed on an insurance premium, especially for a motor vehicle, if no claim has been submitted d...

Reorder cost - How To Discuss

Reorder cost, Definition of Reorder cost: Total expenses involved in repeating an external supply-order or an internal manufacturing-order. It may also in...

Effluent - How To Discuss

Effluent, Definition of Effluent: Liquid waste leaves homes in rivers, lakes or ponds, or in sewage systems or reservoirs, such as factories, farms, shops...