Commercial Invoice
/kəˈmɜːrʃəl ˈɪnvɔɪs/
Definitions
- (n.) A document issued by a seller to a buyer detailing the goods sold, quantities, prices, and terms of sale, primarily for customs and commercial purposes.
The customs agents requested the commercial invoice to verify the shipment's contents and value.
Forms
- commercial invoice
- commercial invoices
Related terms
See also
Commentary
A commercial invoice is crucial in international trade for customs clearance and establishing the transaction's details; accuracy and completeness are essential to avoid delays or legal issues.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.