q_flyer_tablet_2(2)For those of you studying or considering studying for the Certified Meeting Professional exam (CMP) or the Certified Special Events Professional (CSEP).  Here is my pick for “Q’s Word of the Day”:

Topic:  Shipping

ATA Carnet:   An international customs document that permits duty-free and tax-free temporary import of goods for up to one year. It eliminates or reduces VAT charges, customs fees, and bond fees. The initials “ATA” are an acronym of the French and English words “Admission Temporaire/Temporary Admission.” ATA Carnets cover commercial samples; professional equipment; and, goods for presentation or use at trade fairs, shows, exhibitions, etc. Items not covered are consumable or disposable goods, which will not be returned home.

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Reference: http://www.conventionindustry.org/StandardsPractices/APEX/glossary.aspx