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Dy
Delivery
dwt
Deadweight tonnage
DVC
Delivery Verification Certificate
Duty
A tax levied by a government on the import, export or use and consumption of goods.
Duty
A tax imposed on imports by the customs authority of a country. Duties are generally based on the value of the goods (ad valorem duties), some other factors such as weight or quantity (specific duties), or a combination of value and other factors (compound duties).
Dumping Margin
The amount by which the imported merchandise is sold in the United States below the home market or third country price or the constructed value (that is, at less than its "fair value"). For example, if the U.S. "purchase price" is $200 and the fair value is $220, the dumping margin is $20. This margin is expressed as a percentage of the United States price. In this example, the margin is 10 percent. See: Tariff Act of 1930.
Dumping
The sale of a commodity in a foreign market at less than fair value. Dumping is generally recognized as unfair because the practice can disrupt markets and injure producers of competitive products in an importing country. Article VI of the GATT permits imposition of antidumping duties equal to the difference between the price sought in the importing country and the normal value of the product in the exporting country. With price
Dumping
Dumping is generally seen as an unfair trading practice. It occurs when a good is sold for less than its "fair value", generally meaning it is exported for less than it is sold in the domestic market or third country markets, or it is sold for less than production cost. Article VI of the GATT permits the imposition of special anti
Dual Pricing
The selling of identical products in different markets for different prices. This often reflects dumping practices.
Dual Pricing
The selling of identical products in different markets for different prices. This often reflects dumping practices.
DTWG
Defense Trade Working Group
DTSA
Defense Technology Security Administration
DTR
Defense Trade Regulations
DTI
Department of Trade and Industry
DTAG
Defense Trade Advisory Group
dry cargo
Any commodity which is not liquid.
Drydocking
The removal of a ship from the water for inspection and repair of those parts of a ship that are below the water line. During drydockings, which are required to be carried out periodically, certain mandatory classification society inspections are carried out and relevant certifications are issued. Drydockings for containerships are generally required once every five years, one of which must be a Special Survey.
DREE
Direction des Relations Economiques Exterieures
dreading
Option general cargo
Drawer
The individual or firm that issues or signs a draft and thus stands to receive payment of the indicated amount from the drawee.
Drawee
The individual or firm on whom a draft is drawn and who owes the indicated amount.
Drawback System
The Drawback System, a part of Customs' Automated Commercial System, provides the means for processing and tracking of drawback claims.
Drawback
Drawback is a rebate by a government, in whole or in part, of customs duties assessed on imported merchandise that is subsequently exported. Drawback regulations and procedures vary among countries.
Drawback
A partial refund of duties paid on importation of goods which are further processed and then re
draught
Designates the depth of water available at a port or place.
Draft Bill of Exchange
A written, unconditional order for payment from one person (the drawer) to another (the drawee). It directs the drawee to pay a specified sum of money, in a given currency, at a specific date to the drawer. A Sight Draft calls for immediate payment (on sight) while a Time Draft calls for payments at a readily determined future date.
draft
Alternative spelling of draught.
Dr.
Debit. Debtor. Drawer
DPAS
Defense Priorities and Allocation System
DPA
Defense Production Act
Downstream Dumping
This occurs when foreign producers sell at below cost to a producer in its domestic market and the product is then further processed and shipped to another country.
Downstream Dumping
This occurs when foreign producers sell at below cost to a producer in its domestic market, and the product is then further processed and shipped to another country.
Domicile
The place where a draft or acceptance is made payable.
Domestic Exports
Exports of domestic merchandise include commodities which are grown, produced, or manufactured in the United States, and commodities of foreign origin which have been substantially changed in the United States, including U.S. Foreign Trade Zones, from the form in which they were imported, or which have been enhanced in value by further manufacture in the United States.
Documents Against Payment (D/P)
A type of payment for goods in which the documents transferring title to the goods are not given to the buyer until he has paid the value of a draft issued against him.
Documents Against Acceptance
Instructions given by a shipper to a bank indicating that documents transferring title to goods should be delivered to the buyer (or drawee) only upon the buyer's acceptance (signature on) of the attached draft.
Dock Receipt
A receipt given for a shipment received or delivered at a shipment pier. When delivery of a foreign shipment is completed, the dock receipt is surrendered to the vessel operator or his agent and serves as basis for preparation of the Ocean Bill of Lading.
Dock Receipt
A dock receipt is used to transfer accountability when the export item is moved by the domestic carrier to the port of embarkation and left with the international carrier for export.
DMs
Definitional Missions
DMP
District Marketing Plan
dm
Decimeter
DL
Distribution License
DK.
Deck
Diversionary Dumping
This occurs when foreign producers sell to a third country market at less than fair value and the product is then further processed and shipped to another country.
Diversionary Dumping
This occurs when foreign producers sell to a third country market at less than fair value and the product is then further processed and shipped to another country.
District Export Councils
DECs serve as a voluntary auxiliary of US&FCS district offices to support export expansion activities. There are 51 DECs with 1500 members which help with workshops and also provide counseling to less experienced exporters.
Distributor
A foreign agent who sells directly for a supplier and maintains an inventory of the supplier's products.
Distributor
A foreign agent who sells directly for a manufacturer and maintains an inventory on hand.
Displ.
Displacement
Dispatch
An amount paid to a charterer by the vessel operator if loading or unloading is accomplished in less time than provided for in the charter party.
Dispatch
An amount paid by a vessel's operator to a charter if loading or unloading is completed in less time than stipulated in the charter agreement.
DISH
Data interchange in Shipping
Disclosure Meeting
An informal meeting at which ITA discloses to parties to the proceeding the methodology used in determining the results of an antidumping investigation or administrative review. A disclosure meeting is generally held promptly after the preliminary or final determinations of an investigation or promptly after the preliminary or final results of a review. See: Tariff Act of 1930.
discharge
Remove goods from a ship.
DISC
Domestic International Sales Corporation
Disbts.
Disbursements
Dis.
Discount
Dirty Float
Dirty float refers to a system in which the float of exchange rates is partially determined by government intervention or restrictions to limit appreciation or depreciation; sometimes known as managed float. See: Clean Float.
Direct Exporting
Sale by an exporter directly to a buyer located in a foreign country.
Dft.
Draft
DFA
Development Fund for Africa
DF
Designated Federal Officer
Det.
Detained
despatch
An agreed upon amount of money that is paid by the shipowner to the shipper or receiver, when loading or discharging is performed faster than the allotted time.
derrick
Lifting equipment on board a ship generally used for loading and discharging cargo.
Department of Trade and Industry
See: British Overseas Trade Board.
Demurrage
Excess time taken for loading or unloading of a vessel not caused by the vessel operator, but due to the acts of a charterer or shipper. Also refers to imported cargo not picked up within prescribed time.
Demurrage
Excess time taken for loading or unloading a vessel, thus causing delay of scheduled departure. Demurrage refers only to situations in which the charter or shipper, rather than the vessel's operator, is at fault.
Demarche
Official discussion with another government carried out on instructions.
dely. and re
dely.
Delivery Instructions
Provides specific information to the inland carrier concerning the arrangement made by the forwarder to deliver the merchandise to the particular pier or steamship line. Not to be confused with Delivery Order which is used for import cargo.
DEIP
Dairy Export Incentive Program
DEG
Deutsche Finanzierungsgesellschaft fur Beteilgungen in, Entwicklungslndern GmbH
Definitional Missions
See: Trade and Development Agency.
Defense Conversion
"Defense conversion," as applicable to conversion of U.S. defense activity, is
Def.a/c
Deferred account
Ded.
Deductible
Declaration by Foreign Shipper
The U.S. Customs Service defines this term as a statement by the shipper in the foreign country attesting to certain facts. For example, articles shipped from the United States to an insular possession and then returned must be accompanied by a declaration by the shipper in the insular possession, indicating that, to the best of his or her knowledge, the articles were exported directly from the United States to the insular possession and remained there until the moment of their return to the United States. (see 19 CFR 4.60 and 4.61 on U.S. clearance of vessels bound for a foreign port or ports.)
DEC
District Export Council
Debt Swaps
See: Swaps.
dd/s.
Delivered sound (grain trade)
dd.
Delivered
DCS
Defense Conversion Subcommittee
DCM
Deputy Chief of Mission
Dbk.
Drawback
DBGLS
Development Bank of the Great Lakes States
Date Draft
A draft which matures a specified number of days after the date it is issued, without regard to the date of acceptance.
DANIDA
Danish International Development Assistance
Dairy Export Incentive Program
DEIP, one of four export subsidy programs operated by the Department of Agriculture, helps U.S. exporters meet prevailing world prices for targeted dairy products and destinations. USDA pays cash to U.S. exporters as bonuses, allowing them to sell certain U.S. dairy products in targeted countries at prices below the exporter's costs of acquiring them. DEIP is used to help products produced by U.S. farmers meet competition from subsidizing countries.
DAEs
Dynamic Asian Economies
DACON
Data on Consulting Firms
DAC
Development Assistance Committee
DA
Development Assistance
D/W
Dock warrant
D/V
Dual Valuation
D/s
Days after sight
D/R
Deposit receipt
D/P
Documents against payment
D/O
Delivery order
D/N
Debit note
D/D
Demand Draft, Delivered at Docks, Damage Done
D/d
Days after date, Days' date
D/C
Deviation clause
D/A
Documents Against Acceptance
D/A
Deposit account, Days after acceptance, Documents against acceptance, Discharge afloat, Deductible average
d.w.t.
Deadweight tonnage
d.w.c.
Deadweight capacity
D.W.A.T.
Deadweight all told
d.w.
Deadweight
D.T.I.
Department of Trade and Industry
D.T.B.A.
Days to be agreed, date to be advised
D.R.C.
Damaged received in collision
d.p.r.
Daily pro rata
d.p.
Direct port
d.l.o.
Despatch loading only
D.F.
Direction finder
d.f.
Dead freight
d.d.o.
Despatch discharging only
D.D.E.
Direct data entry
D.D.C.
Damage done in collision
D.D.
Damage done
d.b.b.
Deals, battens and boards
d.b.
Deals and battens (timber)
D.B.
Day Book, Deals and battens (timber trade)
D.A.A.
Documents against acceptance
D.
Delivery, Delivered
D
RAM
d
Draught
D
District Office