International Trade Abbreviations
A&FC: Advance & Finance Charge
A/C: Account
ABD: Alreadu Been Delivered
ABL: Account of Beneficiarys Lettter
ACD: Assigned Compensation Date
A/E: Air Express
AF: Airfreight
AM: Afternoon
API: Advance Payment Invoice
ATA: Actual Time of Arrival
AVR: Authorized Value Rate
B/N: Bank Note
BAF: Bunker Adjustment Factor
BSP: Bill of Sight Payment
C.I.F: Cost, Insurance & Freight
C&F: Cost & Freight
C/N: Credit Note
C/O: Certificate of Origin
CC: Cash Against Documents
CF: Confirmed Letter of Credit
CI: Commercial Invoice
COL: Collection
CST: Cash Against Shipping Documents
CVD: Cost & Value Declared
C/P: Contract & Performance Bond
CVP: Capital Value Proportion
DATA: Delivery Against Trust Receipt
DD: Due Date
DE: D/E Exchange
DEP: Deposit
DH: Delivered Duty Handed
D.O.: Delivery Order
EUR: European Union Regulation
EXW: Ex Works
FCA: Free Carrier
FOB: Free On Board
F/C: Foreign Currency
G/A: General Average
GBP: Guarantee of Bills Payment
GSP: General System of Preferences
H: Holding
HBL: House Bill of Lading
ICO: International Coffee Organization
IIB: Interest on Inland Bills
ISF: Importer Security Filing
LA: Legal Advice
MBL: Master Bill of Lading
M/N: Master Note
MUF: Mutual Understanding of Fee
N/C: Non-Negotiable Credit
N/D: Negotiable Document
N/T: Not Taken
O/J: Open Journal
O/T: Open Transaction
OVD: Overseas Duty
P&L: Profit & Loss
P/R: Prime Rate
POD: Port of Discharge
PP: Points to Points
PSI: Pre-Shipment Inspection
PTD: Partial Traded Discount
QC: Quality Control
R/L: Rolling Line
S/D: Services Discontinued
S/O: Security for Order
S/S: Shipping Sheet
SIS: Subsidiary Insurance System
SML: Specialized Management Line
SR: Surcharge
SRF: Shipping Request Form
TOUR: Trust Receipt Order Use
T.T.: Telegraphic Transfers
UPS: United Parcels Service
US: Uncleared Sales
VAT: Value Added Tax
VSL: Vessel
W/C: Withdraw & Cash
WR: War Risk
WTD: Wharfage Terminal Dues
XL: Exchange Line
International trade is becoming an increasingly important part of the global economy. As such, it is necessary for traders and business owners to master the language used in these transactions. Knowing the abbreviations used in international trade is essential in order to communicate effectively with partners and clients. Having a strong command of abbreviations improves efficiency and accuracy in business communication, allowing traders to make sound decisions quickly and accurately. By familiarizing yourself with international trade abbreviations, you can stay abreast of the dynamics of the global market and move closer to achieving your business goals.
