The
Definition Of

Sea Waybill

Sea Waybill is a transport document for marine shipments serving as evidence of contract of carriage and as a receipt for the goods. It is not a document of title

Share it:

More from this Section

  • Current Rate Method
    The current rate method refers to one of the method of two basic methods for the translation of foreign subsidiary financial statements which is the most prevalent ...
  • Licensing Contracts
    A MNE must be careful to preserve its rights to receive funds from subsidiaries as royalties, fees, or shared services. The contracts or agreements that establish ...
  • Tax Avoidance
    Tax Avoidance is lawful agreement or re-arrangement of the affairs of an individual or company intended to avoid liability to tax
  • Payback period
    Payback period is length of time required for an asset to generate cash flows just enough to cover the initial outlay.
  • Capital account
    Capital account is a section of the balance of payments. Under the revised format of the International Monetary Fund, the capital account measures capital ...
  • Bid/Bond Guarantee
    Bid/Bond Guarantee is a guarantee issued by a bank on behalf of a seller to a buyer to support the sellers’ bid or tender for a contract. If the
  • Simulation
    David Hertz implemented the ideas of Simulation. Simulation is a statistically behavioral approach of risky project assessment .