EDGE PROTECTOR
An angle piece fitted over the edge of boxes, crates, bundles, and other
packages to prevent the pressure from straps or bands from cutting into the
package.
EIR -See "Equipment Interchange Receipt."
EJUSDEM GENERIS (of the same kind, class or nature) - See "Omnibus
Clause."
EMBARGO
A governmental order restricting the hauling or movement of a particular
commodity or commodities to or from a particular country.
ENDORSEMENT
1. A legal signature usually placed on the reverse of a check or draft;
signifies transfer of financial rights from the holder to another party.
2. A legal signature placed on a negotiable bill of lading to transfer ownership
of the bill of lading (and hence the cargo referred to in it) to another party.
3. A legal signature placed on a negotiable certificate of insurance to transfer
rights to another party.
4. An amendment to an insurance policy.
ENTRY DOCUMENTS
Customs papers required to clear an import shipment for admission into the
general commerce of a country.
EQUIPMENT
Articles necessary for the safety, maintenance or navigation of the vessel on
its intended voyage, which are not part of the vessel’s hull or machinery and
which are not the personal property of the crew; e.g. anchors, cables, mooring
lines, lifeboats, lifesaving apparatus, signal lights, radio installation,
navigational instruments, cooking utensils, furniture, provisions and stores.
EQUIPMENT INTERCHANGE RECEIPT (EIR)
A receipt issued when a container and chassis enter or leave a port's terminal
area by truck; usually noting the date and time, whether the container is full
or empty, the number of any seals affixed to the container, and the condition of
the container.
ESTUARY
The mouth of a river where it widens and runs into the sea. The fresh water
becomes brackish as it meets the ebb and flow of the salty tide.
ETA (Estimated Time of Arrival)
ETD (Estimated Time of Departure)
ETHYLENE
A gas produced by many fruits and vegetables that accelerates the ripening and
aging processes. See "Controlled Atmosphere" and page 101.
EX (Point of Origin)
The point where a shipment begins transit, e.g. "Ex Factory" or
"Ex Mine" or "Ex Warehouse." See "Cargo Terms of
Sale" Appendix F.
EXCEPTION
A notation on a shipping document (Bill of Lading or Delivery Receipt)
qualifying the condition of the merchandise to indicate damage, suspected
damage, or shortage.
EXCESS INSURANCE
Some risks (commonly liability and some types of property) are written on a
layered basis, in which one or more layers of excess policies are placed on top
of the primary policy; stacked up much like layers of a cake to provide higher
limits of coverage. Losses are paid by the primary layer first, and then, one by
one, by as many excess layers as are necessary to pay the entire loss or until
all of the excess layers are exhausted.
EX GRATIA PAYMENT
An insurance company’s payment of a claim that is not clearly covered by the
policy, as a commercial expedient to maintain goodwill between Assured and the
insurance company.
EXHIBITION COVER
Insurance coverage for merchandise in transit to and while on exhibit (usually
at a trade show) and the return shipment (unless the merchandise is sold) to
point of origin. A cargo policy normally only covers while merchandise is in
transit until arrival at destination. Only the marine policy can extend coverage
on shore, not the war policy.
EXPORT
Shipment of goods to a foreign country.
EXPORT LICENSE
A government document permitting the "Licensee" to engage in the
export of designated goods to certain destinations.
