FORWARDING CHARGE Meaning and
Definition
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Forwarding charge refers to the fee or cost associated with the transportation or shipping of goods or packages from one location to another. It is a charge levied by a carrier or freight forwarder for the services rendered in forwarding or routing the goods to their final destination.
When goods are being shipped, especially across international borders, they often pass through multiple stages and different modes of transportation such as trucks, ships, or planes. Each time the goods are transferred from one carrier to another, a forwarding charge may be applied. This charge covers the expenses involved in handling, documentation, storing, and arranging shipment of the goods.
The forwarding charge may include various aspects such as freight charges, packing charges, custom clearance charges, or any other fees associated with the transportation process. It can vary depending on factors such as the weight, size, value, distance, and destination of the goods being shipped. The charge is usually calculated based on a specific rate or percentage of the total transportation costs.
Forwarding charges are typically negotiated and agreed upon between the shipper or consignor and the carrier or freight forwarder. They are important in determining the total cost of shipping and should be considered by businesses or individuals when planning for transportation or logistics purposes.
Common Misspellings for FORWARDING CHARGE
- dorwarding charge
- corwarding charge
- vorwarding charge
- gorwarding charge
- torwarding charge
- rorwarding charge
- firwarding charge
- fkrwarding charge
- flrwarding charge
- fprwarding charge
- f0rwarding charge
- f9rwarding charge
- foewarding charge
- fodwarding charge
- fofwarding charge
- fotwarding charge
- fo5warding charge
- fo4warding charge
- forqarding charge
- foraarding charge
Etymology of FORWARDING CHARGE
The etymology of the word "forwarding charge" can be understood by examining the origins of its individual components:
1. Forwarding: The term "forwarding" comes from the verb "forward", which originated from the Old English word "foreweard". "Fore-" means "before" or "in front of" in this context, and "-weard" is a suffix that denotes direction or motion. Therefore, "forward" in this sense signifies moving or progressing ahead.
2. Charge: The word "charge" derives from the Middle English noun "charge" or "chargen", which originated from the Old French word "chargier". It ultimately comes from the Late Latin term "carricare", meaning "to load" or "to load a burden". Over time, "charge" expanded in meaning to include the concept of a fee or cost associated with a service.
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