NVOCC in Trading Meaning
The NVOCC meaning in Trading terms is "Nonvessel Operating Common Carrier". There are 1 related meanings of the NVOCC Trading abbreviation.
NVOCC on Trading Full Forms
- Nonvessel Operating Common Carrier A cargo consolidator in ocean trades who buys space from a carrier and resells it to smaller shippers. The NVOCC issues bills of lading, publishes tariffs, and otherwise conducts itself as an ocean common carrier, except that it does not provide the actual ocean or intermodal service.
Frequently Asked Questions (FAQ)
What does NVOCC stand for Trading?
NVOCC stands for Nonvessel Operating Common Carrier in Trading terms.
What is the shortened form of Nonvessel Operating Common Carrier in Trading?
The short form of "Nonvessel Operating Common Carrier" is NVOCC for Trading.
Citation
NVOCC in Trading. Acronym24.com. (2021, March 22). Retrieved December 22, 2024 from https://acronym24.com/nvocc-meaning-in-trading/
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