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.
Princeton's WordNet (0.00 / 0 votes) Rate this definition: banana republic (noun). a small country (especially in Central America) that is politically unstable and whose economy is dominated by foreign companies and depends on one export (such as bananas).anana republic. Banana republic is a political science term for a politically unstable country whose economy is largely dependent on the export of a single limited-resource product, such as bananas.