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Where an option is neither sold nor exercised but allowed to lapse at.

Category:Financial Terms

Safety lines, usually of flat webbing, that run along the deck between bow and stern used to attach a tether from a safety harness.

Category:Sea Words

The volume of water required to cover one acre to a depth of one foot: 43,560 cubic feet.

Category:Meteorology

J2B

J2B Radio transmission designator>br>Telegraphy (automatic reception of), single-sideband (suppressed carrier) with a single channel containing quantized or digital information with the use of a modulating sub-carrier. (ALRS)

Category:Abbreviations

An anemometer utilizing the principle that the pitch of the aeolian tones generated by air moving past an obstacle is a function of the speed of the air. Largely a curiosity and has been put to no practical application in modem meteorology.

Category:Meteorology

A/S

Alongside

Category:Sea Words

M&R

Maintenance And Repair

Category:Abbreviations

C

Center.

Category:Abbreviations

An organisation, usually a merchant bank, which accepts or guarantees bills of.

Category:Financial Terms

An appreciable reduction in corrosion by making a metal an anode and maintaining this highly polarized condition with very little current flow.

A number of quantity defining a limit that errors will not exceed when a device is used under specified operating conditions. Accuracy rating can be expressed in a number of forms, i.e. in terms of the measured variable (+/- 1 C), percent of span (+/-0.5% ...

Category:Meteorology

A statement by a commodity broker to a client when a futures transaction is closed out. Sometimes.

Category:Financial Terms

Benefits earned by an employee in respect of his/her pension based on years of service with his/her.

Category:Financial Terms

A multipurpose ship that can carry ore, heavy dry bulk goods and oil. Although more expensive to build, they ultimately are more economical because they can make return journeys with cargo rather than empty as single-purpose ships often must.

Category:Sea Words

An instrument which measures the intensity of radiation by determining the amount of chemical change( or fluorescence produced by that radiation.

Category:Meteorology

CA

Center Aft

Category:Abbreviations

DA

Double Acting.

Category:Abbreviations

C&F

Cost, Insurance & Freight

Category:Abbreviations

Pipes made of heavy cast iron or steel through which the anchor chain runs; placed in the ship's bow on each side of the stem, or in some cases also at the stern when a stern anchor is used.

Category:Sea Words

B/L

Bill of Lading

Category:Sea Words