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Short definitions of the trade terms that come up when buying from Bangladesh: Incoterms, payment methods, minimum order quantities, product classification, quality inspection, and the export registrations and trade bodies Bangladeshi suppliers mention. Each entry explains what the term means, how it affects an order and where the definition comes from, for buyers and suppliers who want a quick reference.
29 articles
MOQ meaning explained: full form Minimum Order Quantity, what MOQ means in shipping, worked examples, price tiers and how to negotiate a lower MOQ.
What is an HS code? The Harmonized System code explained — definition, 2-4-6-8-10 digit structure, HS vs HTS vs TARIC, and where to look up a code.
LC meaning explained: what a letter of credit is, LC payment meaning, types of LC, LC documents checklist, and the step-by-step LC process under UCP 600 for buyers importing from Bangladesh.
TT meaning in shipping explained — what telegraphic transfer is, how TT payment works, a 30/70 example, fees, timing, safety and TT vs LC compared.
AQL is the figure you will see on inspection bookings and reports. It decides how strict the sampling is, but it does not promise a defect-free shipment.
