Would you like to know what a certain transport term means? Click on the first letter of the term below.

Documentary credit

Documentary credit concerns a process in which a bank, at the request of a buyer of goods, undertakes to pay the seller of the goods a certain amount, subject to production of a number of clearly defined documents. A Letter of Credit is the basic document for documentary credit.

Return to the glossary

Search the glossary

Click on a letter in the menu above. When you click a letter, you'll see a list of logistic and freight terms. Click the term you want to know more about.

Didn't find what you were looking for? Fill out this form and we'll review and add the term on this site.