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Consignment which contains one or more valuable articles (air cargo).
Transport charges for certain goods, based on the value declared for the carriage of such goods (air cargo). Declared Value for Carriage
Clause in the Marine Policy that contains a fixed basis of valuation agreed upon by the assured and the underwriter and which establishes the insured value of the merchandise. The clause determines the amount payable under any recoverable loss or General Average contribution.
Surcharge for the carriage of cargo having a value in excess of a specified amount per kilogram (air cargo).
These are services offered by a company as an extension of its core services. These services give customers added value for their investment.
Abbreviation: VAT. Form of indirect sales tax paid on products and services at each stage of production or distribution, based on the value added at that stage and included in the cost to the final customer.
Bill of Lading issued by the carrier which indicates the amount which the shipper has declared as the value of the merchandise. The carrier will be liable for this amount in the event it is found responsible for loss or damage to the merchandise.