in transit
Definition
En route. In marine insurance, 'in transit' means that once goods leave the port (or place) of loading, they will be carried to the port (or place) of destination over the usual or most common route without undue delay or interruption, otherwise the insurance cover may be voided. In practice, however, marine insurance policies provide for some delay or interruption, especially those beyond the control of the insured party.
in transit is in the Banking, Commerce & Finance and Shipping, Transport, & Travel subjects.
in transit appears in the definitions of the following terms: goods in transit, transit visa, en route, total reserves, marine insurance, transshipment, constructive control and customs entry
in transit appears in these other terms: stock in transit, inventory in transit, stoppage in transitu
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