SDR Special Drawing Right – Definition The Special Drawing Right (SDR) is an artificially created currency unit of the International Monetary Fund (IMF). They serve as a supplementary reserve option for member countries and are intended to support international liquidity.The idea behind SDRs is to give member countries an additional

The term “SLVS Forwarding Logistics and Warehousing Insurance Certificate” refers to an insurance policy specifically designed for companies in the forwarding, logistics and warehousing industry. SLVS stands for “Speditions-Logistik- und Lager-Versicherungsschein”. The SLVS insurance policy provides comprehensive insurance for various risks that may arise in connection with the transportation, logistics

When placing a good into storage, the warehouse keeper certifies the takeover of the goods for storage A warehouse receipt is a document that confirms the existence and location of goods in a warehouse. It serves as proof of ownership and storage of goods and can be used as a

In logistics, a hub is a central transshipment point or node within a transport system where goods are collected, sorted and distributed for onward transportation. It is therefore an important component of hub-and-spoke systems, in which goods are brought from various sources to a central point and transported from there

The StVG (Road Traffic Act) is a law in Germany that regulates road traffic and establishes basic rules for participation in road traffic. It forms the legal basis for public road traffic and defines the rights and obligations of all road users. The Road Traffic Act contains provisions on various

The StVO (Road Traffic Regulations) is a legal regulation in Germany that governs road traffic and is binding for all road users. It defines the rights and obligations of road users and serves to ensure safety and order on the roads. The StVO covers various areas of road traffic and