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Trade Abbreviations
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| A |
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AAR---Against All Risks
A/C---Account
A/N---Arrival Notice
A/P---Authority Purchase ; Authority to Pay
A/R---All Risk
ASPA---As Soon As Possible
A/V---Ad Valorem
AWB ; A/B---Airway Bill |
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| B |
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B/B---Bid Bond
BBS---British Standard Specification
B/E---Bill of Exchange
B/L---Bill of Lading
BLADVI---Bill of lading Advice
BT---Berth Term
BTN---Brussels Tariff Nomenclature
BWT---Bonded Warehouse Transaction |
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| C |
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CAD---Cash Against Documents
CAR---Credit Approval Request
CAR---Credit Approval Request
CBM---Cubic Meter
CCC---The Customs Cooperation Council
CF & C---Cost, Freight and Commission
CFR(C & F)---Cost and Freight
CFS---Container Freight Station
cft---Cubic Ton
C/I---Commercial Invoice ; Consular Invoice ; Certificate of Insurance ; Certificate Inspection
C & I---Cost and Insurance
CIF---Cost, Insurance and Freight
CIF & C---Cost, Insurance, Freight and Commission
CIF & E---Cost, Insurance, Freight and Exchange
CIF & I---Cost, Insurance, Freight and Interest
CIP---Carrige and Insurance Paid to ~
CIQ---Customs, Immigration, Quarantine
CISG(Vienna Convention)---United Nations Convention on Contracts for the International Sale of Goods
CKD---Complete Know-Down
CL---Carload Lots ; Credit Line
CLP---Container Load Plan
CMP---Cutting Making Trimming
CMT---Cutting, Marking, Trimming
C/O : CO---Certificate of Origin
COCOM---Coordinating Committee for Export Control to Communist
COD---Cash on Delivery
C.O.O.C---Contact with Oil and/or Other Cargo
CP---Charter Party ; Certificate Posting
CPT---Carriage Paid to ~
CQD---Customary Quick Despatch
CR---Courier Receipt
CRF---Clean Report of Findings
3C'S---Character, Capacity, Capital
C/S---Cargo Selectivity
CTD---Combined Transport Document
CTL---Constructive Total Loss
CTO---Combined Transport Operator
CTS---Central Terminal Station
CWO---Cash With Order
CY---Container Yard |
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| D |
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D/A---Document Against Acceptance
DAF---Delivery at Frontier
D/D ; DD---Document Draft ; Demand Draft
dd ; D/d---days after date
DDP---Delivered Duty Paid
DDU---Delivered Duty Unpaid
DEQ---Delivered Ex Quay
DES---Delivered Ex Ship
dem---demurrage
DL---Dead Load
D/M---Despatch Money
D/O ; DO---Delivery Order
D/P---Document against Payment
DP---Duty Paid
D/R---Dock Receipt
D/W---Dock Warrant
Dzs---Dozens |
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| E |
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EC---European Community
ECAFE---Economic Commission for Asia and Far East
ECU---European Currency Unit
ED---Export Declaration
E/D---Expiry Date
EDI---Electronic Data Interchange
EFTA---European Free Trade Association
EIR---Equipment Interchange Receipt
E/L---Export Licence
E/P---Export Permit
Escrow A/C---Escrow Account
ETA / ETD---Expected Time Arrival / Expected Time Departure
EXIM---Export -Import Bank
EXW---Ex Works |
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| F |
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FAQ---Fair Average Quality
FAS---Free Alongside Ship
FCA---Free Carrier
FCL---Full Container Load
FCR---Forwarder's Cargo Receipt
FEU---Forty Feet Equivalent Units
FI---Free In
FIO---Free In and Out
FOA---FOB Airport
FOB---Free on Board
FOB & C---Free on Board and Commission
FOR---Free on Rail
FOT---Free on Truck
FPA---Free from Particular Average
FPAAC---Free from Particular Average American Conditions
FPAEC---Free from Particular Average English Conditions |
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| G |
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G/A---General Average
GATT---General Agreement on Tariff & Trade
GMQ---Good Merchantable Quality
GSP---Generalized System of Preference
GSTP---Global System of Trade Preference among Developing Countries |
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| H |
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HAWB---House Airway Bill
H/H---Hook & Hole
HS---Harmonized Commodity Description and Coding System |
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| I |
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IATA---International Air Transport Association
IBRD---International Bank for Reconstruction and Development
I/C---Import Certificate ; Inspection Certificate
ICAR---Individual Credit Approval Request
ICC---International Chamber of Commerce
ICC---Institute Cargo Clause
ICD--- Inland Container Depot
ID---Import Declaration
I/L---Import Licence
INCOTERMS---International Rules for the Interpretation of Trade Terms
IOF---Irrespective of Franchise
IOP---Irrespective of Percentage
I/P---Insurance Policy
IQ---Import Quota
ISO---International Standardization Organization
ITO---International Trade Organization |
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| J |
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J.W.O.B.---Jettison and/or Washing Over-board |
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| L |
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L/A---Letter of Authority
Lay/Can---Lay days and Cancelling date
LAFTA---Latin American Free Trade Association
lb(s) ; lb---pound(s), Libra
L/C---Letter of Credit
LCL---Less than Container Load
L/G---Letter of Guarantee
L/I---Letter of Indemnity
LIBO---London-Inter-Bank-Offered Rate
L.S.---Locus Sigilli=Place of the Seal
L/T---Long Ton |
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| M |
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M/F---Manifest
MFN---Most Favoured Nation Clause
MIP---Marine Insurance Policy
MID---Manufacture's ID
M/L---More or Less
M/R ; MR---Mate's Receipt
M/T---Mail Transfer, Metric Ton, Measurement Ton
MTD---Multi-transport Document |
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| N |
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NTB---Non-Tariff Barrier |
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| O |
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ODCY---Off Dock Container Yard
OEM---Original Equipment Manufacturing
OP---Open Policy |
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| P |
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PA---Power of Attorney
PA---Particular Average
PCS---Piece
P/L---Packing List ; Paperless
PR---Post Receipt
PSI---Pre-Shipment Inspection |
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| Q |
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QC---Quality Control
Q/D---Quick Despatch |
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| R |
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RFWD---Rain & Fresh Water Damage
RORO Traffic---Roll on-Roll Off Traffic
ROD---Rust, Oxidation, Discoloration
RT---Rye Terms |
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| S |
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S/D---Shipping Date ; Sea Damaged
SDR---Special Drawing Rights
SF---Square Feet, Super Foot
SHPRES---Shipping Response
SITC---Standard International Trade Classification
SKD---Semi Knock-Down
S/N---Shipping Note
S/O---Shipping Order
S.P.A.---Specified Particular Average
SR & CCC---Strikes, Riots, and Civil Commotions Clause
S/R ; SHPREQ---Shipping Request
SSBC---Sinking, Standing, Burning and Collision
S/T---Short Ton
SWIFT---Society Worldwide Interbank Financial Telecommunication |
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| T |
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T/C---Traveller's Cheque
TEU---Twenty Feet Equivalent Unit
THC---Terminal Handling Charge
TL---Total Loss
TLO---Total Loss only
TPND---Theft, Pilferage & Non-delivery
TQ---Tale Quale(French) (=of condition on arrival)
TR---Trust Receipt
T/S Bank---Transferable Bank
TS L/C---Transferable L/C
TSVP---Tourmez s'il vous plait (French)-please turn over
TT---Telegraphic Transfer
T.T.B.---Telegraphic Transfer Buying Rate
T.T.S.---Telegraphic Transfer Selling Rate |
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| U |
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UCC---Uniform Commercial Code 1952
UCP---Uniform Customs and Practice for Document Credit
UNCITRAL---UN Commission on International Trade Law |
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| W |
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WA---With Average
WAIOP---With Average Irrespective of Percentage
WA 3PCT---With Average 3percent
W/SRCC---War, Strikes, Riots and Civil Commotions
WTCA---World Trade Center Association
WTC---World Trade Center
WWO---Weather Working Days
WW DSHEX UU---Weather Working Day Sunday and Holiday Excepted, Unless Used
WW DFHEX EIU---Weather Working Day Friday and Holiday Excepted, Even if Used |
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| Y |
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YAR---York Antwerp Rules of General Average |
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