CAIB 3: Chapter 4 Key Terms

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Diploma/Certificado de qualificação profissional de nivel 3 CAIB (Chapter 4) Karteikarten am CAIB 3: Chapter 4 Key Terms, erstellt von agallo am 23/02/2016.
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Zusammenfassung der Ressource

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Bill of Lading A document issued by the carrier responsible for transporting or forwarding the goods
Agreed Value A fair value of the shipment agreed to in advance by the insured and the insurer
Freight The money payable for the hire fo a vessel or for the conveyance of cargo from one port to another
Actual Total Loss A loss in which the subject property is totally lost or is so badly damaged that it has no value left
Constructive Total Loss When the cost of salvaging the cargo is too high realative to the value saved
Particular Average A partial loss to a specific shipment, other than a General Average
General Average Payment for marine losses voluntarily incurred for the safety of the entire venture. The parties whose property was saved shall contribute to the losses of the parties whose property was sacrificed
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