Residential, Commercial Moving & Storage Glossary | I | Matco Moving Solutions
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Transportation & Shipping Glossary | Manitoulin Transport


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Immediate Transportation Entry

Allows the cargo to be moved from the port or airport of entry to an inland destination via a bonded carrier. Customs clearance and payment of duty, if applicable, will be accomplished at the inland point.


To bring goods in from a foreign country.

Import Permit

A special permit or license issued by a government agency before various items can be imported into that country. May vary with product and/or country.

Impound Account

See Escrow Account.


Renovations and structures added to a home or land like a fence, driveway, curb, sidewalk and sewer that increase the use, value and marketability of the home or land. Improvements on land are usually privately owned structures. Improvements to land are usually publicly owned, but aid in the development of the land.

In Bond

A term referring to the status of merchandise admitted provisionally into a country without payment of duty or permanent release by Customs, for placement into storage or for transport to another point where permanent release and assessment of duties will be accomplished, or where the goods will be exported from Canada or U.S. All additional charges are assessed by the customer.


These are minor expenses like laundry or telephone calls that occur during a temporary relocation.

Incline Dolly

Equipment used to move goods on or off stairs. It often is used with a stairmobile. See Stairmobile.

Income Approach

Estimating income-producing property value by means of capitalization of net operating income. This appraisal approach is useful in estimating the value of apartments, offices, shopping centers and other investment properties. Also called the Income Capitalization Approach.

Income Capitalization Approach

See Income Approach.


A promise to reimburse a person for damage or loss.

Independent Contractor

See Owner-Operator.


Used to measure periodic interest rate fluctuations for an adjustable rate mortgage.

Individual Shipper

The individual requesting movement of a shipment and paying the transportation charges.

Info Claim File

A claim that has been received from a customer with no claimed amounts.

Information Sheet

See Fly Sheet.


The right to enter a tract of land. See Egress, Access and Easement.

Inherent Vice

An existing condition of an article that may cause damage to that article if transported.

Inland Bill of Lading

Used to document transportation of goods between two points within Canada, usually between an inland point and a port or airport. See Air Waybill and Bill of Lading.

Installment Contract

A contract between the buyer and seller whereby the buyer pays for the property in installments for a period of time, but the seller holds the title until the final payment is made.

Installment Note

See Note.

Installment Sale

A shorter fixed-term, lower-than-conventional, fixed-rate mortgage offered by the seller to the buyer for a specified annual payment creating lower monthly payments and a balloon payment at the end of the term.


A legal written document such as a grant, deed or contract.

Insurance Binder

A temporary title coverage that must be replaced by a permanent policy.


The transportation of one carrier's equipment by another carrier. See Interlining.

Interchange Agreement

An agreement between two carriers allowing for the equipment of one carrier to be transported or used by the other carrier, outlining responsibilities for liability of the equipment and any per diem charges.


A charge for borrowed money. Interest is a percentage of the principal.

Interest Rate

A charge, expressed in a percentage, for use of a lender's money.

Interim Living Allowance

See Temporary Living Allowance.


The transfer of a shipment from one point to another between two different carriers. See Interchange.


Freight shifted from one mode of transportation to another (road to rail, rail to ocean, road to air), with the freight generally in shipping containers and meeting certain criteria previously agreed upon among the carriers involved.

Internal Packaging

The supporting of goods inside a package to protect against damage during transportation.

International moving

Moving outside the borders of Canada.

In Transit

In transit, or in passage.

Inventory (INV)

A listing of all goods contained in a shipment and their condition. It is used as a condition report and as a receipt of acceptance of the goods by the customer. Also called Household Goods Descriptive Inventory.


The bill presented to the customer for payment of charges.

Involuntary Lien

A lien that is imposed against a property by law without consent of the owner.

Irregular Route Carrier

Any carrier providing non-scheduled service over irregular routes.

Irrevocable Consent

An agreement incapable of being changed or revoked.


Separate provisions in a tariff.