Glossary
Trade and customs glossary
Plain-English definitions of the U.S. customs and trade-compliance terms that show up across the platform.
Denied Party Screening
Denied party screening (DPS) is the process of checking every party to a transaction, including customers, vendors, carriers, banks, and end users, against government lists of individuals and organizations that are restricted, denied, or sanctioned from international trade. It is a core export-compliance control that keeps a company from doing business with a prohibited party.
Drawback Matching
Drawback matching is the process of pairing imported entries with exported or destroyed shipments to build a duty drawback claim. Because each import can be claimed only once, the way matches are chosen decides how much duty, tax, and fee you actually recover. Optimized matching maximizes recovery; naive first-in-first-out or first-fit matching usually leaves money on the table.
Duty Drawback
Duty drawback is the refund of up to 99% of customs duties, certain taxes, and fees paid on imported merchandise that is later exported or destroyed under U.S. Customs and Border Protection (CBP) supervision. It lets importers and exporters recover money on goods that never entered U.S. commerce for consumption.
Merchandise Processing Fee
The Merchandise Processing Fee (MPF) is a fee U.S. Customs and Border Protection charges on most formal imports, calculated as 0.3464% of the entered value within a per-entry minimum and maximum. MPF paid on goods that are later exported or destroyed is recoverable through duty drawback, and how a claim allocates MPF has a direct effect on how much is refunded.
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