Market Intelligence Introduction

Glossary of Trade Terms

W	Tonne of one thousand kilograms.
Warehouse Receipt (WR)	A document issued by a warehouse operator acknowledging receipt of goods; also referred to as a dock warrant or shed receipt. A warehouse warrant, in contrast, generally connotes a document of ownership/control over goods stored in a particular warehouse.
Warehouse - to - Warehouse Clause	Insurance coverage of international cargo from the export warehouse to the import warehouse; coverage may also be substantially extended or limited according to time.
Warsaw Convention	A multi-lateral convention which regulates in a uniform manner the conditions of international transportation by air.
Waybill(WB)	A non-negotiable transport document, issued for either ocean transport (sea waybill) or air transport (air waybill or AWB).
Wharfage (WFG)	Charge for the use of docks
Wharfinger	Also wharf inspector, wharf superintendent, dock superintendent. Personnel in charge of receiving and registering goods in a port on behalf of the carrier. A wharfinger’s signature of the shipping note assures the shipper that it can proceed to draw up bills of lading pursuant to the terms of the note.
With Average (WA)	Marine insurance term meaning that coverage includes partial loss (and not just total loss) of the cargo.

Agricultural and Processed Food Products Export Development Authority (APEDA)
(Ministry of Commerce & Industry, Govt. of India)

NCUI Building 3, Siri Institutional Area, August Kranti Marg, New Delhi - 110 016
Phone : 91-11-41486013, 20863919, 20867008, 20867007