| A-Z Glossary of Export, Trade and Shipping Terms
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Jetsam
Goods thrown or lost.
Jettison
The act of intentionally throwing cargo overboard e.g. with the objective of lightening a vessel, which has run aground, such for the common good of all interests: vessel, crew and remaining cargo.
See "GA".
Jetty
A mole or breakwater, running out into the sea to protect harbors or coasts. It is sometimes used as a landing-pier.
Jib
- Projecting arm of a crane.
- Attachment connected to the top of a crane boom.
Job
That work which is undertaken to meet a customer or production order and, for production control purposes, has a unique identification.
Joint Venture
A commercial or industrial enterprise in which principals of one company share control and ownership with principals of another.
Journey
A voyage from one place, port or country to another one, in case of a round trip, to the same one.
Jurisprudence
Juridical decisions used for explanation and meaning of law.
Just In Time
Abbreviation: JIT The movement of material/goods at the necessary place at the necessary time.
The implication is that each operation is closely synchronized with the subsequent ones to make that possible.
A method of inventory control that brings stock into the production process, warehouse or to the customer just in time to be used, thus reducing stock piling.
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Select a letter:
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B |
C |
D |
E |
F |
G |
H |
I |
J |
K |
L |
M |
N |
O |
P |
Q |
R |
S |
T |
U |
V |
W |
X |
Y |
Z
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World of Manufacturers' Definitions listed here are informational only.
Please be advised that the terms may vary from country to country and market to market.
The information contained herein does not constitute legal advice.
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