Glossary of Terms
R
- R&C - Rail and Canal.
- R/C - Reconsigned.
- r.&c.c. - Riots and civil commotions.
- r.c.c.&s. - Riots, civil commotions, and strikes.
- Rebate - A deduction taken from a set payment or charge. Because a rebate is given after payment of the full amount has been made, it differs from a discount which is deducted in advance of the payment. In foreign trade, a full or partial rebate may be given on import duties paid on goods which are later reexported.
- Reciprocity - A practice by which governments extend similar concessions to one another.
- Reefer - A refrigerated trailer or railcar for hauling perishables.
- REFG - Refrigerating; Refrigeration.
- Regs. - Registered Tonnage.
- Retaliation - An action taken by a country to restrain imports from another country that has increased a tariff or imposed other measures that adversely affect the first country's exports.
- Ro/Ro (Roll-on/Roll-Off) Vessel - A ship designed to accommodate cargo that is rolled on and rolled off. Some Ro/Ro vessels can accommodate containers and/or breakbulk cargo. A Ro/Ro Vessel can be self-sustaining.
- Route - An established air passage, from the point of departure to the terminating station.
- Royalty - A charge on charter flights levied by some governments before traffic rights are granted. Sometimes called a "no objection fee." It is usually a fixed proportion of a total charter value.
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