Loss Reimbursement (丢货理赔)
Financial indemnity paid to the client matching declared cargo value upon transit loss.
Term Definition
Loss reimbursement compensates clients whose shipments were protected by optional cargo insurance and encountered confirmed loss. Payout calculations directly mirror the purchase invoice value validated at our Guangzhou terminal.
Usage Example
«The loss reimbursement disbursement was transferred directly to the client company account.»
What we do
Upon cargo loss of insured items, we reimburse merchandise cost; shipping fees are paid upon delivery.
Related site pages
Other terms in this category
Commercial Invoice
The principal commercial billing document detailing item descriptions, quantities, unit prices, and order value.
Packing List (装箱单)
Shipping manifest detailing package counts, gross/net weights, dimensions, and contents per carton.
Shipping Marks (箱唛)
Alphanumeric identifying codes, client tags, and handling arrows stenciled onto master cartons.
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