| |
|
| M.M. |
Mercantile marine. |
| M/R |
Mate's Receipt. |
| M/T |
Metric Ton (2204 lbs.) |
| M/V
or M.V. |
Motor vessel |
| Manifest |
A list of the goods being transported
by a carrier. |
| Marine
Insurance |
An insurance which will compensate
the owner of goods transported overseas in the event
of loss which cannot be legally recovered from the
carrier. |
| Maritime
Administration (MARAD) |
A US government agency, while not
actively involved in vessel operation, administers
laws for maintenance of merchant marine for the purposes
of defense and commerce. |
| Mark |
As used on containers in foreign
trade, a symbol or initials shown together with the
port of importation and the final destination, if different.
Example A.G. y Cia., Bogota via Barranquilla. Marks
are registered at appropriate customs houses; they
also appear on bills of lading and invoices. In domestic
trade, it is common to mark containers with the name
and address of the recipient, but this is rarely done
in foreign trade. |
| Marking |
Every article of foreign origin,
or its container, imported into the United States shall
be permanently marked in a conspicuous place in a manner
which would indicate to the ultimate purchaser the
English name of the country of origin of the article. |
| Mate's
Receipt |
Receipt of cargo by the vessel,
signed by the mate (similar to dock receipt). |
| Measurement
Ton |
The measurement ton (also known
as the cargo ton or freight ton) is a space measurement,
usually 40 cubic feet or one cubic meter. The cargo
is assessed a certain rate for every 40 cubic feet
or 1 cubic meter it occupies. |
| MFN
(Most Favoured Nation) |
Designation for countries which
receive preferential tariff rates. This is no longer
the best tariff structure available. |
| Min.
B/L |
Minimum bill of lading. |
| mt. |
Empty |
| MW |
Minimum weight factor. |
