Terms Beginning with D

D/A SIGHT DRAFT: Documents against acceptance sight draft. A method of payment for goods in which documents transferring title are delivered to the buyer as soon as he signs acceptance, stamped on a draft, guaranteeing payment of the draft.

DANGEROUS GOODS: Articles or substance capable of posing a significant risk to health, safety or property, and that ordinarily require special attention and documentation when being transported.

DAT: Dangerous articles tariff.

DATE DRAFT: A draft that matures in a specified number of days after issuance without regard to date of acceptance.

DEAD LEG: A sector flown without payload.

DEAD FREIGHT: Freight charges paid by the charterer of vessel for the contracted space, which is left partially unoccupied.

DECK CARGO: Cargo carried on deck rather than stowed under deck. On deck carriage is required for certain commodities, such as explosives.

DEMURRAGE: Excess time taken for loading or unloading of a vessel not caused by the vessel operator.

D.F.: Dead Freight

DGR: Dangerous Goods Regulations. The rules and regulations governing the packaging, labeling and carriage of hazardous materials by air, ocean and land.

DIRECT EXPORTING: Sale by an exporter directly to a buyer located in a foreign country.

DISTRIBUTOR: A foreign agent who sells directly for a manufacturer and maintains an inventory on hand.

DOCK RECEIPT: A receipt given for a shipment delivered to a steamship pier. When delivery of a shipment is completed a copy of the dock receipt is surrendered by the terminal operator to the vessel operator or his agent and serves as proof of condition and receipt of goods for export.

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 the draft issued against him.

DOOR: See “Point”.

DRAFT (also Bill of Exchange): An unconditional order in writing from one person (the Drawer) to another (the Drawee), directing the drawee to pay a specified amount to a named drawer on a fixed date.

d.w.: Deadweight (tons of 2,240 lbs.)

d.w.c.: Deadweight for cargo

DUTY: A tax levied by a government on the import, export or use and consumption of goods.


If you have any questions please feel free to contact us.

Thank You!