Glossary of Terms
N
- NAFTA (North American Free Trade Agreement) - A free trade agreement comprising the U.S.A., Canada, and Mexico.
- National Carrier - A flag carrier owned or controlled by the state.
- n.e.m. - Not elsewhere mentioned.
- n.e.s. - Not elsewhere specified.
- Nested - When three or more different sizes of an article are placed within each other so that each article will not project above the next lower article by more than 33-1/3% of its height.
- Nested Solid - When three or more different sizes of an article are placed within each other so that each article will not project above the next lower article by more than 1/4 inch.
- Net Terms - Free of charters' commission.
- Net Weight (Actual Net Weight) - The weight of the goods alone without any immediate wrappings; e.g., the weight of the contents of a tin can without the weight of the can.
- NMFC - National Motor Freight Classification.
- No Objection Certificate - A document provided by scheduled or national airlines of many countries declaring no objection to a proposed charter flight operated by another airline. It is often demanded by government authorities before they grant permission for a charter flight to take place.
- No Objection Fee - A sum of money normally paid by a charter airline to a scheduled airline in order that it waives its right of objection to its government, thus allowing a charter to take place. The amount is usually a fixed percentage of the gross cost of a charter. Tantamount to a bribe, this is common practice in the Middle East and Africa.
- NOE - Not Otherwise Enumerated.
- NOHP - Not Otherwise Herein Provided.
- NOI - Not Otherwise Indicated.
- NOIBN - Not Otherwise Indicated By Number; Not Otherwise Indicated By Name.
- Non-Scheduled Flight - (See Scheduled Flight)
- Non-Vessel Operating Common Carrier (NVOCC) - An FMC-Iicensed cargo consolidator of small shipments in ocean trade, generally soliciting business and arranging for or performing containerization functions at the port.
- NOS - Not Otherwise Specified.
- NT - Net Tons.
- NVOCC - (See Non-Vessel-Operating Common Carrier)
|