agreed valuation

Definition of "agreed valuation"
  1. The established worth of a shipment settled between parties to determine a freight cost
How to use "agreed valuation" in a sentence
  1. Once the agreed valuation of the cargo was concluded, the shipping fee was set.
  2. The agreed valuation process is essential in defining the freight rate for overseas transportations.
  3. Disagreements on the agreed valuation can lead to possible disputes in shipping costs.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z