Complete Glossary of
Marine Terms & Abbreviations
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Quayage
The charge for using a berth alongside a wharf.
Quantitative, non-tariff trade barriers (Quotas)
A quantitative trade barrier, or quota places a finite limit on the quantities of goods which may be imported into (or in some cases exported out of a country each year. It is most commonly seen in the form of an import quota, which places specific limits onto the quantities of imports, by product type, and in some cases, product origin. Quantitative trade barriers are usually controlled through a system of import (or export) licensing, whereby each year importers (and exporters) apply to be granted a portion (or quota) of the overall allowable limit. This licence must be presented to customs before any shipment will be permitted to pass in or out of the country.
Q.C.
Queen's Counsel