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Subject to Approval.
Subject to Approval, No Risk; i.e., temporary cover; no risk attached until insurance is confirmed.
Shipper's Load and Count
Said to Contain
Deliberate casting away or destruction of property to prevent greater loss.
Abbreviation: SWL. Maximum load any lifting appliance may handle.
1. A quantity of stock planned to be in inventory to protect against fluctuations in demand and/or supply. 2. In the context of master production scheduling, safety stock can refer to additional inventory and/or capacity planned as protection against forecast errors and/or short term changes in the backlog. Also referred to as "over-planning" or a "market hedge". Reserve InventoryCycle Stock
Abbreviation: S.T.C. Term in a Bill of Lading signifying that the master and the carrier are unaware of the nature or quantity of the contents of e.g. a carton, crate, container or bundle and are relying on the description furnished by the shipper.