Glossary


Terms & Glossaries of Shipping and Trading

Advisory Capacity

A term indicating that a shipper's agent or representative is not empowered to make definite decisions or adjustment without the approval of the group or individual represented.

What is Advisory Capacity?

Advisory Capacity means furnishing advice, gathering information, making recommendations, and performing other activities that may be necessary to comply with federal funding requirements and does not mean administering a program or function or setting policy.