Place where cargo leaves the care and custody of carrier.

Green and red lights on the starboard and port sides of the boat required for navigation at night. Each light is supposed to be visible through an arc of 112.5

A loss discovered before or at the time of delivery of a shipment.

To purchase enough of the available supply of a commodity or stock in order to manipulate its.

Insurance which provides an income to policyholders when they are unable to work due to an.

The period following the dividend declaration date to the date of record during which a stockholder.

The inherent imprecision of a given process of measurement, the unpredictable component of repeated independent measurements of the same object under sensibly uniform conditions.

A bullying and tyrannical officer; he would drive his crew by brutality and the power of his fists.

An invoice provided by a supplier prior to the shipment of merchandise, informing the buyer of the kinds and quantities of goods to be sent, their value, and specifications (weight, size, etc.).

(cost, insurance and carriage to point of destination)This is an INCO term and explains what the price quoted represents and the responsibility of the buyer and seller in relaton to arranging for the various costs associated(e.g. insurance, freight, dutie ...

See: 'waiver of.

An option strategy in which one call and one put with the same strike price and expiration are.

A bow pivot line used in docking and undocking, or a dock line leading aft from the bow to prevent the boat from moving forward while made fast to a dock or pier.

A large reinforced eye in the leech and clew of a sail that allows a line to fasten to it; e.g., the reef cringle and clew cringle.

Adjustable stays used to support and control tension on the mast when the wind is from abaft the beam; temporary backstays used to stabilize the mast and prevent undue flexing due to the pumping action of the sea.

(1) A navigator shoots the sun by using a sextant to measure its altitude. (2) A sailing vessel shoots when she forges ahead to windward with her sails luffing.

Has to do with the properties of air-water vapor mixtures in the atmosphere.

A defensive regulation which some stock exchanges have to limit the damage of a sharp fall in.

Systeme International. The international system of unit measurement.

Unforeseeable events, beyond the control of participants in a contract, which may excuse either side.