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Literally, the act of complying with rules and regulations.

Category:Financial Terms

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, duties) with the shipment. It is normally used in sea shipm ...

Category:Financial Terms

Light-weight foresail similar to a spinnaker but set without a pole.

Category:Sea Words

Port of initial Customs entry of a vessel to any country. Also known as First Port of Call.

Category:Sea Words

A written contract between the owner of a vessel and the person desiring to employ the vessel (charterer); sets forth the terms of the arrangement such as duration of agreement, freight rate and ports involved in the trip.

Category:Sea Words

The place at which a shipment is received by a carrier from the shipper.

Category:Sea Words

A prime mover which is suitable only for operating the deck machinery in a light loaded condition. Example: Reeling in of an untensioned rope, or topping an unloaded derrick.

Category:Technical Terms

Scoop like devices used to direct air into and ventilate a boat.

Category:Sea Words

Heavy-weather practice of pouring oil on the sea so as to form a film on the surface, thus preventing the seas from breaking. To smooth out some difficulty.

Category:Sea Words

An internal 'wall' between two departments of a bank or other financial institution which is.

Category:Financial Terms

A securities market in which the difference between bid and offer prices is narrow and which.

Category:Financial Terms

see Turnbuckle

Category:Sea Words

To temporarily stop all movement of a line through a block by placing the hauling part across the sheave of the block. This jams the sheave and holds it tight, and a pull on the hauling part will release it.

Category:Sea Words

The line of longitude 180 degrees opposite Greenwich, England, located in the Pacific that marks the date change

Category:Sea Words

Flapping (of sails)

Category:Sea Words

An apparatus consisting of an outside shell and a sheave through which a rope may be passed (pulley).

Category:Sea Words

The stationary seating surface, the inlet of a valve.

Category:Sea Words

A metal fitting with an arm that uses a spring to close automatically when connected to another object.

Category:Sea Words

The logic of binary systems, such as control systems in which all operations may be reduced to on-off, open-closed, or similar dichotomous basis.

Category:Sea Words

The triangle formed by the masthead, the base of the mast at deck level, and the lower end of the headstay.

Category:Sea Words