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Bank and Vogue Glossary

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Accounting Department

The Accounting Department at Bank & Vogue is comprised of:

Accounts Payable (where you will send your invoice and they will issue payment to you)

Accounts Receivable (where you will send your payment to Bank & Vogue)


 

Capsacks

capsecks

The trade name for a large (4X4X4), flexible, seal-able sack. A large packaging and storage bag usually used for shoes and hard toys. capsacks can also be used to package metal ware, bric brac, purses and belts. We supply capsacks to suppliers. Contact us for more information.

 

Cargo

Also referred to as load, shipment, payload. It is the material that is being transported in a shipping vehicle.

 

Carrier

An individual, partnership or corporation engaged in the business of transporting goods.

Charity

A type of non-profit organization formed for charitable purposes

Collection method

The method used goods, with which suppliers collect

Consignee

In a contract of carriage, the consignee is the person to whom the shipment is to be delivered whether by land, sea or air.

 

Container

Bank & Vogue ships in 40′HC (High Cube) sea containers.

container1

Containers will arrive on a truck and can be loaded and unloaded from a loading dock at a height similar to a regular 53′ trailer.

Container Number

The number identifying a particular shipping container.

 

Credential

These are untouched donated goods in the exact same condition as it was when donated.

credential

Get more information here!

 

Credit

A reimbursement or refund of a portion of the total payable. See our Credit Resolution Policy for more information.

 

Customs

The official department that administers and collects the duties levied by a government on imported goods.

Customs Broker

Customs broker is a professional that involves the “clearing” of goods through customs barriers for importers and exporters. This involves the preparation of documents and/or electronic submissions, the calculation and payment of taxes, duties and excises, and facilitating communication between government authorities and importers and exporters.


 

Export

A shipment that the final destination will not be the country of origin.

Exworks

A term used to describe a situation where the client is responsible for the expenses and logistics of securing freight.


Gaylord

The trade name for a large (4x4x4) reusable corrugated container, often used to ship melons or other bulky fruits.

gaylord
 

Institutional

Mixed rags from a thrift store


 

Invoice

A document issued by a seller to a buyer, indicating the products, quantities, and agreed prices for products or services the seller has provided the buyer.


Manifest

A document listing the cargo, passengers, and crew of a ship, aircraft, or vehicle, for the use of customs and other officials

Minimum

The lowest amount of goods to constitute a shipment

 

Mixed Rags

mixedrange

Mixed rag (also known as institutional) is a grade of used clothing generally produced by second-hand and thrift stores. The clothing that is not suitable for their stores, or that is unsold after being in their stores, is placed into bags or bales and sold as Mixed Rag.

Get more information here!


Labour

Physical work done by people

Landed Price

Price of load including freight charges within the price per pound

LCL

Less than Container load.

Live load

A trailer that will be loaded with products within 2 hours loading time while the driver waits.

 

Load

A shipment of goods usually between 30,000-45,000 lbs

Logistics Department

Manages the flow of goods between the point of origin and the point of consumption in order to meet client requirements

 

Loose

Packed in bags and sometimes gaylord boxes and not baled

These are untouched donated goods in the exact same condition as it was when donated.

loose

LTL

Less than truck load.


 

Recycled

Reused or reprocessed goods

Reefer

Refrigerated trailer with insulated walls and a self-powered refrigeration unit.

reefer

Reference

A statement from a third party client regarding the qualities of your business relations. We will sometimes ask our new clients for references.


Textiles

textile

Cloth fabric such as woven or knit goods.

Trailer

The part of a semi or tractor trailer that contains items being moved from one location to another. Bank & Vogue ships in 48ft and 53ft trailers.

 

Truck

trudk

The Part of a Semi or Tractor trailer that houses the driver and tows the trailer. Bank & Vogue ships in 48ft and 53ft trailers.


 

Used Goods

Consumer goods that have been used and then donated/recycled for use by others.


Wire Transfer

A method of electronic funds transfer from one organization to another

Wire Transfer Fee

The fee required to send a wire transfer, usually charged to you by the bank. Usually between $10-$15. check with your financial institution to determine the amount.

Wrap

Is a shipping plastic that is often used to protect bales of cloth and gaylords from dirt and debris during transport. Also referred to as shrink-wrap.

wrap

B-Bales

Bales of Mixed rag that has the premium grade removed

B13

export declaration.

Back Haul

A load that a driver is able to obtain after off-loading another load. The driver will take it “back” to another location (usually his next pick up destination)

 

Bags

Used to package various items such as shoes, purses/belts and smaller items – average weight is approximately 50 lbs

Bale

A large package of used clothing tightly bound with twine or wire and often wrapped. Bales are packed in the following sizes:SMALL: 00-250 pounds, LARGE: 800-1000 pounds, EXTRA LARGE: 1000-1200 pounds

Baler

A machine which compacts products into a cube for shipping purposes

baler

Bill of Lading

Itemized list of goods contained in a shipment.

bill of loading

Bins

A method of donation collection for charities and For Profit Recyclers

Bins

Detention Charge

A Charge to the party responsible for a truck not vacating the property at a scheduled time.

Domestic

A shipment that will remain in the country of origin.

 

Donations

A gift given by physical or legal persons, typically for charitable purposes and/or to benefit a cause.

Drop Trailer

A trailer or container which will remain stationary for longer than 24 hours for the purposes of loading and unloading.

Dry Run

Operating a truck without cargo.


Flat Bed

Semi trailer with no sides.

flat Bad

Floor loaded

A loose load that is stacked by hand on the floor (and to the ceiling) of a trailer– examples are credential donor bags, shoe bags, hard goods or bric brac in donor boxes. It normally takes 6 to 8 hours to load a trailer in this manner.

 

Forklift

Is a powered industrial truck used to lift and move materials short distances.

forklift

Freight charge

The cost of shipping

Freight Forwarder

An individual or company that books freight with a carrier on your behalf.

Frequency

The number of occurrences of a repeating event per unit time.


 

Hard Goods

Used consumer household goods other than cloth that are donated. They are usually donated in boxes or loose.


Negotiate

Is a dialogue between two or more people or parties, intended to produce an agreement upon courses of action, to bargain for individual or collective advantage, to craft outcomes to satisfy various interests of two people/parties involved in negotiation process.


Packing List

A shipping document that accompanies delivery packages, It commonly includes an itemized detail of the package contents and does not include customer pricing. It serves to inform all parties, including transport agencies, government authorities, and customers, about the contents of the package

Pallet

palet

Is a flat transport structure that supports goods in a stable fashion while being lifted by a forklift, A pallet is the structural foundation of a unit load which allows handling and storage efficiency. Often used to ship and store Gaylords and Capsacks

Pay Upon loading

Refers to a load of product paid for after and/or delivery

 

Pick up

To load an outgoing shipment onto the transportation vehicle (truck, trailer or container)

Port

port

A location on a coast or shore containing one or more harbors where ships can dock and transfer people or cargo to or from land.

Prepay

Refers to a load of product paid for in advance of delivery.

Private Collector

An individual or organization that gathers donated items via bins, clothing drives or other events and sells the donations as credential products.

PUP truck

pucktruck

A 28’ foot over-the-road trailer

Purchase Order

A commercial document and first official offer issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services. Acceptance of a purchase order by a seller forms a contract between the buyer and seller.

Purchasing

Is the department at Bank & Vogue that is responsible for acquiring goods and delivering service to product suppliers.


 

Sales

Is the department at Bank & Vogue that is responsible for delivering service to product customers.

Sales Order

Sometimes abbreviated as SO, is an order issued by a business to a customer. A sales order may be for products and/or services

Salvage

Also referred to as recycle, institutional or used goods. It includes saleable items that thrift stores are unable to sell that they make available for resale

Scale Tickets

scaleticket

A scale ticket is a signed and stamped paper received at a weight station as evidence for the weight of a trailer that is both empty and full of product. An empty scale ticket is the weight of the trailer and truck without any product on it. A full scale ticket is the trailer and truck with the product on it. The difference between the two is the weight of the load.

 

Seal

seal

A numbered metal or plastic tie that is secured to a trailer lock at the origination location. It is intended to remain intact until the trailer load arrives at the destination. An intact seal ensures that the load was not pilfered during transportation.

Shipper

Someone who sends goods for shipment, by packaging, labeling, and arranging for transit, or who coordinates the transport of goods

Shipping Documents

Documents required to ship a product

 

Shoes

shoes

Wearable shoes (sorted to Bank & Vogue guidelines) that are paired and banded

Single Shoes

Shoes that are wearable but that are not paired and banded.


Value

A measure of the benefit from either a good or service

Accounting Department

The Accounting Department at Bank & Vogue is comprised of:

Accounts Payable (where you will send your invoice and they will issue payment to you)

Accounts Receivable (where you will send your payment to Bank & Vogue)

B-Bales

Bales of Mixed rag that has the premium grade removed

B13

export declaration.

Back Haul

A load that a driver is able to obtain after off-loading another load. The driver will take it “back” to another location (usually his next pick up destination)

 

Bags

Used to package various items such as shoes, purses/belts and smaller items – average weight is approximately 50 lbs

Bale

A large package of used clothing tightly bound with twine or wire and often wrapped. Bales are packed in the following sizes:SMALL: 00-250 pounds, LARGE: 800-1000 pounds, EXTRA LARGE: 1000-1200 pounds

Baler

A machine which compacts products into a cube for shipping purposes

baler

Bill of Lading

Itemized list of goods contained in a shipment.

bill of loading

Bins

A method of donation collection for charities and For Profit Recyclers

Bins
 

Capsacks

  capsecks

The trade name for a large (4X4X4), flexible, seal-able sack. A large packaging and storage bag usually used for shoes and hard toys. capsacks can also be used to package metal ware, bric brac, purses and belts. We supply capsacks to suppliers. Contact us for more information.

 

Cargo

Also referred to as load, shipment, payload. It is the material that is being transported in a shipping vehicle.

 

Carrier

An individual, partnership or corporation engaged in the business of transporting goods.

Charity

A type of non-profit organization formed for charitable purposes

Collection method

The method with which suppliers collect used goods

Consignee

In a contract of carriage, the consignee is the person to whom the shipment is to be delivered whether by land, sea or air.

 

Container

Bank & Vogue ships in 40′HC (High Cube) sea containers.

container1

Containers will arrive on a truck and can be loaded and unloaded from a loading dock at a height similar to a regular 53′ trailer.

container2

Container Number

The number identifying a particular shipping container.

 

Credential

These are untouched donated goods in the exact same condition as it was when donated.

credential

Get more information here!

Credit

A reimbursement or refund of a portion of the total payable. See our Credit Resolution Policy for more information.

 

Customs

The official department that administers and collects the duties levied by a government on imported goods.

Customs Broker

Customs broker is a professional that involves the “clearing” of goods through customs barriers for importers and exporters. This involves the preparation of documents and/or electronic submissions, the calculation and payment of taxes, duties and excises, and facilitating communication between government authorities and importers and exporters.

Detention Charge

A Charge to the party responsible for a truck not vacating the property at a scheduled time.

Domestic

A shipment that will remain in the country of origin.

 

Donations

A gift given by physical or legal persons, typically for charitable purposes and/or to benefit a cause.

Drop Trailer

A trailer or container which will remain stationary for longer than 24 hours for the purposes of loading and unloading.

Dry Run

Operating a truck without cargo.

 

Export

A shipment that the final destination will not be the country of origin.

Exworks

A term used to describe a situation where the client is responsible for the expenses and logistics of securing freight.

Flat Bed

Semi trailer with no sides.

flat Bad

Floor loaded

A loose load that is stacked by hand on the floor (and to the ceiling) of a trailer– examples are credential donor bags, shoe bags, hard goods or bric brac in donor boxes. It normally takes 6 to 8 hours to load a trailer in this manner.

 

Forklift

Is a powered industrial truck used to lift and move materials short distances.

forklift

Freight charge

The cost of shipping

Freight Forwarder

An individual or company that books freight with a carrier on your behalf.

Frequency

The number of occurrences of a repeating event per unit time.

 

Gaylord

The trade name for a large (4x4x4) reusable corrugated container, often used to ship melons or other bulky fruits.

gaylord
 

Hard Goods

Used consumer household goods other than cloth that are donated. They are usually donated in boxes or loose.

 

Institutional

Mixed rags from a thrift store

 

Invoice

A document issued by a seller to a buyer, indicating the products, quantities, and agreed prices for products or services the seller has provided the buyer.

Labour

Physical work done by people

Landed Price

Price of load including freight charges within the price per pound

LCL

Less than Container load.

Live load

A trailer that will be loaded with products within 2 hours loading time while the driver waits.

 

Load

A shipment of goods usually between 30,000-45,000 lbs

Logistics Department

Manages the flow of goods between the point of origin and the point of consumption in order to meet client requirements

Loose

Packed in bags and sometimes gaylord boxes and not baled

These are untouched donated goods in the exact same condition as it was when donated.

loose

LTL

Less than truck load.

Manifest

A document listing the cargo, passengers, and crew of a ship, aircraft, or vehicle, for the use of customs and other officials

Minimum

The lowest amount of goods to constitute a shipment

 

Mixed Rags

mixedrange

Mixed rag (also known as institutional) is a grade of used clothing generally produced by second-hand and thrift stores. The clothing that is not suitable for their stores, or that is unsold after being in their stores, is placed into bags or bales and sold as Mixed Rag.

Get more information here!

Negotiate

Is a dialogue between two or more people or parties, intended to produce an agreement upon courses of action, to bargain for individual or collective advantage, to craft outcomes to satisfy various interests of two people/parties involved in negotiation process.

Packing List

A shipping document that accompanies delivery packages, It commonly includes an itemized detail of the package contents and does not include customer pricing. It serves to inform all parties, including transport agencies, government authorities, and customers, about the contents of the package

Pallet

palet

Is a flat transport structure that supports goods in a stable fashion while being lifted by a forklift, A pallet is the structural foundation of a unit load which allows handling and storage efficiency. Often used to ship and store Gaylords and Capsacks

Pay Upon loading

Refers to a load of product paid for after pick up and/or delivery

 

pick up

To load an outgoing shipment onto the transportation vehicle (truck, trailer or container)

Port

port

A location on a coast or shore containing one or more harbors where ships can dock and transfer people or cargo to or from land.

Prepay

Refers to a load of product paid for in advance of delivery.

Private Collector

An individual or organization that gathers donated items via bins, clothing drives or other events and sells the donations as credential products.

PUP truck

pucktruck

A 28’ foot over-the-road trailer

Purchase Order

A commercial document and first official offer issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services. Acceptance of a purchase order by a seller forms a contract between the buyer and seller.

Purchasing

Is the department at Bank & Vogue that is responsible for acquiring goods and delivering service to product suppliers.

Recycled

Reused or reprocessed goods

Reefer

Refrigerated trailer with insulated walls and a self-powered refrigeration unit.

reefer

Reference

A statement from a third party client regarding the qualities of your business relations. We will sometimes ask our new clients for references.

 

Sales

Is the department at Bank & Vogue that is responsible for delivering service to product customers.

Sales Order

Sometimes abbreviated as SO, is an order issued by a business to a customer. A sales order may be for products and/or services

Salvage

Also referred to as recycle, institutional or used goods. It includes saleable items that thrift stores are unable to sell that they make available for resale

Scale Tickets

scaleticket

A scale ticket is a signed and stamped paper received at a weight station as evidence for the weight of a trailer that is both empty and full of product. An empty scale ticket is the weight of the trailer and truck without any product on it. A full scale ticket is the trailer and truck with the product on it. The difference between the two is the weight of the load.

 

Seal

seal

A numbered metal or plastic tie that is secured to a trailer lock at the origination location. It is intended to remain intact until the trailer load arrives at the destination. An intact seal ensures that the load was not pilfered during transportation.

Shipper

Someone who sends goods for shipment, by packaging, labeling, and arranging for transit, or who coordinates the transport of goods

Shipping Documents

Documents required to ship a product

 

Shoes

shoes

Wearable shoes (sorted to Bank & Vogue guidelines) that are paired and banded

Single Shoes

Shoes that are wearable but that are not paired and banded.

Textiles

textile

Cloth fabric such as woven or knit goods.

 

Trailer

trailer

The part of a semi or tractor trailer that contains items being moved from one location to another. Bank & Vogue ships in 48ft and 53ft trailers.

 

Truck

trudk

The Part of a Semi or Tractor trailer that houses the driver and tows the trailer. Bank & Vogue ships in 48ft and 53ft trailers.

 

Used Goods

Consumer goods that have been used and then donated/recycled for use by others.

Value

A measure of the benefit from either a good or service

Wire Transfer

A method of electronic funds transfer from one organization to another

Wire Transfer Fee

The fee required to send a wire transfer, usually charged to you by the bank. Usually between $10-$15. check with your financial institution to determine the amount.

Wrap

Is a shipping plastic that is often used to protect bales of cloth and gaylords from dirt and debris during transport. Also referred to as shrink-wrap.

wrap

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