Carrying for hire is the transferring of individuals or property for some form of payment. Carrying for hire may arise regarding insurance or liability issues where a company contracted not to be responsible for non-personal activities. There...
admiralty/maritime
channels
In the context of transportation; channels are the highways, waterways, and air traffic of the country.
See also: Instrumentalities
[Last updated in July of 2022 by the Wex Definitions Team]
charter
First, a charter can be defined broadly as the highest law of an entity. More specifically:
In corporate law, the articles of incorporation. In public law, the instrument by which a municipality is incorporated (e.g., city charter...CIF
CIF is an abbreviation used for Cost, Insurance and Freight. CIF is an agreement in which the seller's quoted price includes insurance and all other costs up to a designated port of destination. The term is used in the context of maritime...
commerce
Commerce refers generally to the activity of exchanging products, goods, and services for financial gain. The word commerce usually is used to mean economic activity broadly on a national or other large scale. Commerce can be used in many...
Commerce Clause
The Commerce Clause refers to Article 1, Section 8, Clause 3 of the U.S. Constitution, which gives Congress the power “to regulate commerce with foreign nations, among states, and with the Indian tribes.”
Congress has often...
Commerce Control List
In the interest of U.S. national security, the Department of Commerce's Bureau of Industry and Security (BIS) is responsible for implementing and enforcing the Export Administration Regulations (EAR), which regulate the export and re-export...
common carrier
A common carrier is a person or a commercial enterprise that transports passengers or goods for a fee and establishes that their service is open to the general public. Typical examples of common carriers include, a shipowner, railroad,...
court-martial
A court-martial is a legal proceeding where courts try a member of the military for offenses against military law. Courts-martial are governed by the provisions of the Uniform Code of Military Justice (UCMJ), except as otherwise provided by...
free on board (FOB)
Free on board, often abbreviated as “F.O.B.,” applies to the sale of goods and indicates that purchased property will be placed on board a vessel for shipment at a designated place without expense to the buyer for packing, potage, cartage,...