The purchase of accepted term Bills of Exchange at a discount to allow for the funding of the advance from the discount date until the maturity date of the bills.

To stow or secure in a safe place. A top-mast is housed by lowering it and securing it to a lowermast.

A certified document showing the origin of goods; used in international commerce.

To take down a sail quickly; the entire action of getting a sail out of the wind and furling it.

A government office where duties are paid, import documents filed, etc., on foreign shipments.

Radiation with wavelengths less than 4 microns.

A system of rivers and canals along the Atlantic and Gulf Coasts of the United States allowing boats to travel along them without having to go offshore.

A moveable or fixed heater used to heat individual rooms.

People resident and domiciled in the UK are liable to income tax from their world-wide income.

Bread that was supplied to ships before bakeries were introduced on board.

An independent organisation, appointed by an exchange, which guarantees securities.

A product such as an automobile or appliance whose life expectancy is at least three.

The setting of the price (which then remains fixed) for forward dealing. This occurs at the time.

A reference book named after the original author, Nathaniel Bowditch. Updated versions contain tables and other information useful for navigation.

The interest rate at which the US Federal Reserve lends money to member.

These are special foreign currency denominated bank cheques which customers can buy at any branch and send to their clients to pay off debts.

See Advance Payment Guarantee, Bid Bond/Guarantee, Performance Bond/Guarantee.

A waybill covering two or more consignments of freight.

A short length of chain, usually 15 fathoms (90 feet). (Method of measuring chain.)

a filter element intended to be discarded and replaced after one service cycle.