Logistics And Supply Chain Management

3 words in this vocabulary list

noun a commodity, article, or service sold abroad

verb to send (goods or services) to another country for sale

  • The country's main source of revenue comes from the export of natural resources.
  • They make a lot of money by selling their products overseas.
  • They ship out goods to make some cash.
  • Her ability to export her ideas to different cultures is impressive.

adverb in a smooth manner; without difficulties or obstacles

  • The project was completed smoothly and ahead of schedule.
  • The party went smoothly without any hiccups.
  • The plan went off without a hitch and everything ran smoothly.
  • Her dance moves were so fluid, it was like she was gliding smoothly across the floor.

noun A legal relationship in which physical possession of personal property is transferred from one party (the bailor) to another party (the bailee) for a specific purpose, typically without transfer of ownership.

  • The bailment agreement outlined the terms and conditions for the temporary transfer of possession of the goods.
  • I left my laptop with my friend as a bailment while I went on vacation.
  • I'm just holding onto this jacket for my friend, it's like a bailment or something.
  • Their relationship felt like a bailment of emotions, with each person holding onto the other's feelings temporarily.