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Ex Works (... Named Place)
Abbreviation: EXW. Incoterm Incoterms
Exceptions Clause
Exemption Clause
Excess Stock
That portion of stock on hand which is over and above the desired stock level. Cycle Stock
Exchange Permit
Government permit required to convert local currency into foreign (hard) money for transfer abroad.  
Exchange Rate
Price of one currency in terms of another. Currency Adjustment Factor
Execution
Actual act of carrying out a task.  
Exemption Clause
Clause in a contract, which relieves the contractor's responsibility for mentioned events. Exceptions Clause
Expendable Pallet
Disposable PalletOne-Way Pallet
Expiration
Termination of a certain period.  
Export
Sending goods to another country or countries. The sale of products to clients abroad.  
Export Broker
Individual or company that brings together buyers and sellers for a fee but does not take part as principal in actual sales transactions.  
Export Commission House
Organization which, for a commission, acts as a purchasing agent for a foreign buyer.  
Export Declaration
Form indicating the value, weight, destination, and other basic information about an export shipment.  
Export License
Government document that permits the licensee to export designated goods. General Export LicenseIndividually Validated Export License
Export Packer
Company that packs goods for export.  
Exporter
Party responsible for the export of goods.  
Extract
Summary or copy of something written, e.g. used in connection with the log book.  
EXW
Incoterm for "Ex Works". Incoterms
EZC
European Zone Charge
F.A.L.
Facilitation Committee of the IMO.  
F.C. & S.
Free of Capture & Seizure. Clause excluding war risks from the Marine Policy. War risks can be covered by issuing a separate War Policy with an additional premium being charged.  
F.I.
Free in
F.I.A.
Full Interest Admitted as between insurer and insured (honor policy).  
F.O.
Free out
F.O.C.F.A.R.
Free of Claim for Accident Reported.  



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