International Trade Abbreviations
A.A.R
Against All Risks
AD VAL.
Ad valorem(duty on the value of the merchandise)
A.I.D
Agency for International Development
ALADI
Spanish abbreviation for Latin American Integration Association
A.B
Swedish term for Incorporated (Aktie-bolag)
A.G
German term for Incorporated (Aktien-gesellschaft)
ANCOM
Andean Common Market
ASEAN
Association of S.E Asian Nations
B/E
Bill of exchange
BENELUX
A customs union between Belgium, the Netherlands and luxembourg
B/F
Board feet
B/L
Bill of lading
Bleu
Belguim-luxembourg Economiec union
B.M.
Board measure
CACM
Central American Common market
C.A.D.
Cash Against Documents
CARIFTA
Caribbean Free Trade Association
C.C.C.
Common Credit Corporation
C.E.T.
Common External Tariff
Cia.
Spanish term for company
Cia.
French term for company
C & F ( also CANDF )
Cost and Freight to foreign port
CFS
Container Freight Station
CIF
Cost, Insurance, Freight to foreign port
CIF & C
Cost, Insurance, Freight, Commission or charges
CIF & 5
Cost, Insurance, Freight, incl.5% Commission
C.L
CarLoad
COFC
Container on flat car
D/A
Documents Against Acceptance
D/D
Days after Date
D/N
Debit note
D/P
Documents against Payment
D/R
Dock Receipt
DISC
Domestic International Sales Corporation
D/S
Days after Sight
DWT
Deadweight capacity of vessel to carry cargo
E.C
European Community
EEC
European Economic Community
ECU
European Currency Unit of the E.C
EFTA
European Free Trade Association
FAO
Food and Agriculture Organization of the U.N
F.A.S
Free Along Side (vessel)
FAS
Foreign Agricultural Service (US detp of agriculture)
F.C & S.
Free from Capture and Seizure
FICA
Foreign Credit insurance Association
F.O.B
Free On Board (vessel)
F.O.R
Free On Rails
F.P.A
Free on Particular Average
G.A
General Average
GATT
general Agreement on Tariff and Trade
GDP
Gross Domestic Product
GNP
Gross National Product
G.T
Gross Ton
IDB
Inter-American development Bank
IMF
International Monetary Fund
LAFTA
Latin American Free Trade Association
LASH
Lighter Aboard Ship
L/C
Letter of Credit
L.C.L
Less than Carload
LDC
Less Developed Country
Ltd.
Limited. British term for limited liability company
Ltda.
Spanish or portuguese term for limited liability company
L/T
Long Ton (2240 lbs.)
M.E.C
Marine Extension Clause
M.F.N
Most Favored Nation
M.I.P
Marine Insurance Policy
MNC
Multinational Corporation
M/R
Mate's Receipt
MTN
multilateral Trade negotiations
M/V
Motor Vessel
N.E.C
Not elsewhere Classified
NTB's
Non-Tariff Barriers
N.V
Dutch Term for Incorporated
O.A.S
Organization for American states
O.A.U
Organization for Afrika Unity
OECD
Organization for Economic Cooperation and Development
O.C.P.
Overland Common Point
O.R.L
Owner's Risk of Leakage
O.Y
Finnish term for incorporated
SDR's
Special Drawing Rights
SR & CC
Strikes, riots or civil commotion
SS
Steamschip
S/t
Short Ton (2000 lbs.)
TOFC
Trailer On Flat Car
TVA
Tax On Value Added
VAT
Value Added Tax
UNCTAD
United nations Conference on Trade and Developments
W.R
War Risk