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Declared Value for Carriage

Sport DictionaryMaritime Terms
The value of the goods declared to the carrier by the shipper for the purpose of determining charges or of establishing the limit of the carrier's liability for loss, damage or delay. It is also the basis for possible applicable valuation charges (aircargo).
See also: LACING , KAZ , F.DESP (FD) , YAW , JEERS

 

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A
A board
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