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Common English abbreviations for foreign trade
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: Autho......
1028 
Abigail
ICE
Introduction
Intercontinental Exchange, Inc. (NYSE: ICE) is the leading global network of exchanges and clearing houses, providing a portfolio of products and services across a range of asset classes, including equity, energy, commodities, credit and currency. As the largest global exchange group......
irrevocable letter of credit
Irrevocable Credit
Irrevocable credit is the most important activity in the field of international trade and payments. It is defined by the International Chamber of Commerce (ICC) as a bank-after agreement to make payments against the presentation of documents that comply with the terms of the cr......
structural tax avoidance
Tax Avoidance Structures
Tax avoidance is an issue of much debate in many developed countries throughout the world. Tax avoidance schemes are designed to make use of the legal mechanisms put in place by governments and to exploit them to indirectly reduce the tax liability of an individual or a b......
institutional tax avoidance
Tax Avoidance System
Tax avoidance is a way of minimizing tax liabilities by optimizing the legal use of tax laws to reduce income. It is not advisable to break the law or undertake illegal activities. A tax avoidance system exists as a strategy, whereby individuals, companies and organizations l......
Uniform Rules for Interbank Reimbursement under Documentary Letters of Credit
UNIFORM RULES FOR BANK PAYMENTS UNDER ACCOMPANYING DOCUMENTARY
CREDIT
(USURC)
Chapter I General Provisions
Article 1 Definitions
For the purpose of the present Uniform Rules for Bank Payments under Accompanying Documentary Credit (hereinafter referred to as “USURC”), the following terms shal......
Property Preservation Guarantee
冷知识
Property Preservation Guarantee Book
In today’s modern world, there is always a need for tangible security for a persons personal property. This is where a Property Preservation Guarantee Book comes in, acting as a complementary safety net when it comes to protecting a persons belongings.......
"Interim Regulations on the Collection and Payment of Social Insurance Premiums"
Interim Regulations on Collection of Social Insurance Premiums
Article 1 These regulations are formulated in accordance with the Peoples Republic of China Social Insurance Law and other relevant laws and regulations in order to regulate the collection of social insurance premiums, improve the f......
3C strategic triangle model
The W3C (World Wide Web Consortium) Triangle Model is an international standards development organization that was founded to promote the open web, ensuring it is available free to all. It creates, reviews, and adopts technical standards that define the architecture of the web and ensure interoper......
mandatory contract
Contract for Legal Consultation
Party A: Mr. Smith
Party B: Mrs. Jones
WHEREAS, there is an existing dispute between the two above parties, Party A and Party B, and the parties wish to negotiate a legal consultation to resolve said dispute.
THIS AGREEMENT (the “Agreement”) is entered into......
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