|
TERM |
MEANING |
| UCP |
Uniform Customs and Practice of Documentary Credit. The "bankers Bible" on Documentary Credit Interpretation issued by the I.C.C. |
| UCP500 |
Revised and updated version operating from January 1, 1994. |
| UN |
United Nations. |
| UNCTAD |
United Nations Conference on Trade and Development. |
| UNCTAD MMO |
UNCTAD Multi Modal Transport Convention. |
| Underwriter |
In marine insurance, one who subscribes his name to the policy indicating his acceptance of the liability mentioned therein, in consideration for which he receives a premium. |
| Unit Load |
Packages loaded on a pallet in a crate or any other way that enables them to be handled at one time as a unit. |
| Unit Train |
A train of a specified number of railcars, perhaps 100, wherein they remain in a unit for a designated destination or until a change in routing is made. |
| USDA |
United States Department of Agriculture. |
