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.
Answers. Relevance. Rating Newest Oldest. Best Answer: Banana republic is a pejorative term for a small, often Latin American or Caribbean country that is politically unstable, dependent on limited agriculture, and ruled by a small, self-elected, wealthy and corrupt clique.owever, outside of its literal meaning, it means a country with an economy dominated by one industry, usually with connotations of political instability (I believe Bill Bryson referred to Italy as having more government changes than a banana republic), and is generally a developping country.