A classification that represents ease or difficulty of loading and carrying the freight is assigned to the items. Liability: Liability is probability of freight theft or damage, or damage to adjacent freight.
Definition of banana republic. : a small dependent country usually of the tropics; especially : one run despotically.
Banana republic. A country in Latin America run by a dictator, called so because the people of such countries were exploited by the United Fruit Company, and American corporation. Guatemala is said to have been the original Banana Republic.