Air Waybill - AWB
Definition of 'Air Waybill - AWB'A document that accompanies goods shipped by an international courier to provide detailed information about the shipment and allow it to be tracked. The air waybill has multiple copies so that each party involved in the shipment can document it. |
|
Investopedia explains 'Air Waybill - AWB'The bill contains the shipper's name and address, consignee's name and address, three letter origin airport code, three letter destination airport code, declared shipment value for customs, number of pieces, gross weight, a description of the goods and any special instructions (e.g,. "perishable"). It also contains the conditions of contract that describe the carrier's terms and conditions, such as its liability limits and claims procedures. |
Related Definitions
Articles Of Interest
-
Exploring The Current Account In The Balance Of Payments
Learn how a country's current account balance reflects the country's economic health. -
Commodity Prices And Currency Movements
Find out which currencies are most affected by fluctuations in gold and oil prices, and improve your trading. -
The Power Of Economic Sanctions
This instrument of foreign policy and economic pressure is preferred over military action but can still pack a punch. -
Overseas Investing No Protection Against Downturn
The U.S. economy affects many other countries. Find out what this can mean for overseas investments. -
NAFTA's Winners And Losers
Read on to find out who this free-trade agreement helped, and who it hurt. -
Introduction To Treasury Inflation-Protected Securities (TIPS)
If you want to protect your portfolio from inflation, all you need are a few TIPS. -
Nobel Winners Are Economic Prizes
Before you try to profit from their theories, you should learn about the creators themselves. -
Breaking Down The Balance Of Trade
The balance of trade is a key indicator of a nation’s health. Investors and market professionals appear more concerned with trade deficits than trade surpluses, since chronic deficits may be ... -
Open Market Operations Explained
The term “open market operations” refers to a monetary policy tool in which central banks buy and sell bonds to regulate the money supply in the economy. The United States employs open market ... -
Market Summary for July 26 2013
The major U.S. indices moved largely lower this week, with technical indicators suggesting that declines will continue next week, or at least that sideways trading will take hold.
Free Annual Reports