A draft payable on demand upon presentation.

A draft that matures at a fixed or determinable time after presentation or acceptance.

The resistance to movement. (2) An anchor drags when its flukes do not hold.

A sea anchor contrived to keep a vessel's head to the wind and sea.

Occurs when a valve does not close completely after popping and remains partly open until the pressure is further reduced.

A device designed to remove surplus liquid from the compressed air system. Manual units range from petcock to a ball, gate or globe valve. Mechanical types consist of ball float. Electrical drains include solenoid type that is energized by a timer signal, ...

Conduction of electric current from an underground metallic structure by means of a metallic conductor. Forced drainage is that applied to underground metallic structures by means of an applied electromotive force or sacrificial anode. Natural drainage is ...

The size of the area comprising a watershed or river basin. Also called catchment area.

A closed-loop solar heating system in which the heat transfer fluid in the collector loop drains into a tank or reservoir whenever the booster pump stops to protect the collector loop from freezing.

An open-loop solar heating system in which the heat transfer fluid from the collector loop and the piping drain into a drain whenever freezing conditions occur.

A partial refund of an import fee. Refund usually results because goods are re-exported from the country that collected the fee.

A bridge that can be raised vertically to allow boats to pass underneath.

The party to which a Bill of Exchange is addressed for payment or acceptance. Usually, the Importer in an international trade transaction. In a Letter of Credit transaction it may be the issuing or advising bank.

The individual or firm that issues a draft and thus stands to receive payment.

The party that issues a Bill of Exchange. Usually, the Exporter in an international trade transaction.

Charge made for local hauling by dray or truck. Same as Cartage.

A special machinery device, which is applied on the dredger ship for digging, loosing soil, mashing, and sucking mud/rock. underwater

To decorate a ship with flags in celebration of certain occasions.

A display of national colors at all mastheads and the array of signal flags from bow to stern over the masthead (for special occasions and holidays).

Abbreviation for "Destination Rail Freight Station." Same as CFS at destination, except a DRFS is operated by the rail carrier participating in the shipment.