of, or having the nature of, a residue or residuum; left over after part or most is taken away; remaining. see residue and amp; -al. Origin of residual. 1  what is left at the end of a process; something remaining. â 2  the fee paid to a performer for each rerun of filmed or taped material, as on television: often used in pl. 3  Geol. 4  monadnock. 5  Math. the difference between an actual value of some variable and a mean or other estimated value.
Definition of bulk shipping. The activity of moving goods in large quantities from one place to another, especially materials such as coal or grain.
DEFINITION of 'Dry Bulk Commodity'. A commodity which is shipped in large, unpackaged amounts. There are many transport companies that specialize in dry bulk delivery. These dry bulk commodities are usually divided into two categories; major bulks and minor bulks. Some examples of major dry bulk commodities include coal, ore and grain. Minor bulks include steels, sugars, cements etc.