Common economic and trade terms and abbreviations

A
A. V. (Ad. Val) from price freight
A/W (All Water) whole waterway
Acceptance Credit Acceptance letter of Credit
Acceptance; accept
Acts of God natural force
Actual Total Loss
Advising Bank, policying Bank notification line
Agent
Agreement Protocol
Air tpt all risks air transportation comprehensive risk
Air tpt risks air transportation insurance
Air Transport Air Transportation
Air Waybill
All Risks
Allowance
Asia NorthAmerica EastboundRate
Ante-dated B/L reverse signature ticket
Anticipatory L/C advance letter of credit
Applicant
Arbitral Award arbitration Award
Arbitration Clause
Arbitration
Asian Development Bank
Auction
Auctioneer

 

B
B/L (Bill of Lading) Sea Bill of Lading
B/R (Buying Rate) Purchase Price
BAF (Bunker AdjustmentFactor) fuel surcharge
Bank to Bank Credit back-to-back letter of Credit
Banker's Draft bank order
Barter
Bearer B/L anonymous ticket
Beneficiary beneficiaries
Bidder competitor
Bidding
Bilateral Trade
Bill of Exchange (Draft) Draft
Bona Fide Holder (valid, valid) Holder (ticket)
Bonded Warehouse
Brand Name
Breach of Contract default
Brokerage fee
Business Negotiation transaction Negotiation

 

C
C & F (Cost and Freight) Cost plus sea Freight
C. C (Collect) freight to pay
C. O (certificate of origin) General source certificate
C. S. C (Container Service Charge) Container Service Fee
C. T. D. (Combined Transport documents) multimodal Transport documents
C. Y. (Container Yard) Container farm
C/D (customs declaration) declaration Form
C/O (Certificate of Origin) Certificate of Origin
CAF (Currency Adjustment Factor) Currency exchange rate surcharge
Cargo receipreceipt
Cash with Order payment
CBM (cubic metre) cubic meters, cubic meters
CCPIT (China Council for the Promotion of International Trade) China Foreign Trade Promotion Committee
Certified Invoice confirms Invoice
CFR (Cost and Freight) Cost plus Freight
CFR Landed cost plus freight and unloading fee
CFS (Container Freight Station) Bulk warehouse
CFS/CFS bulk delivery (start/end)
CFT (Cubic Feet) Cubic Feet
Charter Party B/L Charter Party ticket
CHB (Customs House Broker) Customs Broker
Check (Cheque) Check
CIF (Cost, Insurance and Freight) Cost plus Insurance and Freight
CIF Ex Ship's Hold cost plus insurance, freight, and bottom-stock Handover
CIF Landed cost plus insurance, freight, and unloading
CIF Liner Terms cost plus insurance and freight Liner Conditions
CIP (Carriage and Insurance Paid To) freight, Insurance Paid To the destination
CIP (Carriage Insurance Paid to) freight, Insurance Paid
Claims claim
Clean B/L cleaning ticket
Clean Bill ticket
Clean Credit ticket Letter of Credit
Collection Bank receiving proxy Bank
Collection
Combined Transport B/L multimodal Transport ticket
COMM (Commodity) Products
Commercial Draft Commercial order
Commercial Invoice
Commission
Commodity Inspection Bureau
Comparative Advantages
Compensation Trade
Conditional Acceptance
Conditioned Weight public volume
Confirmation
Confirmed Letter of Credit
Confirming Bank
Consignee Receiver
Consignment Note Consignment order
Consignment
Consignor Shipper
Constructive Total Loss presumed Total Loss
Consular Invoice
Container B/L Container ticket
Container Transport Container transportation
Continental Bridge
Contract
Copy B/L Copy ticket
Counter Offer Disk Recovery
Counter Purchase
Counter Sample equal Sample; return Sample
Counter Trade
CPT (Carriage Paid To) freight To the destination
CTN/CTNS (carton/cartons) cartons
CTNR (Container) Cabinet
Current Price
Custom Packing
Customs Invoice
Customs Tariffs tariff
CY/CY full Cabinet delivery (start/end)

 

D
D.p.v. (duty paid value) duty-paid price
D/A (document Against Acceptance) Acceptance ticket
D/D (Remittance by Banker's Demand Draft)
D/O, D. O. (Delivery Order) Arrival notice, pick-up ticket
D/P (document Against Payment) Payment delivery form
D/P after Sight (document against payment after Sight) Forward payment delivery form
D/P Sight (expenses ents against Payment at Sight) pay by Sight
DAF (Delivered At Frontier) border delivery
Damage Caused by Heating and Sweating heat risks
DCP (freight or carriage paid to) freight paid to... price
DDC (Destination Delivery Charge) Destination port code fee
DDP (Delivered Duty Paid) post-tax delivery
DDU (Delivered Duty Unpaid) Unpaid delivery
Deductible
Defendant respondent
Deferred Payment Credit Deferred Payment Letter of Credit
Deferred Payment
Demurrage (Despatch) Money
DEQ (Delivered Ex Quay) Destination Port delivery
DES (Delivered Ex Ship) destination port Ship delivery
DHL (DHL International Ltd.) DHL Express
Direct B/L Direct ticket
Direct Trade
Dishonor reject payment
Distributor
DL/DLS (dollar/dollars) USD
DOC (document) files and documents
Doc # (document Number) file Number
Documentary Bill documentary order
Documentary Credit
DOZ/DZ (dozen) dozen
Drawee invoiced
Drawer
Dup. (duplicate) Copy

 

E
E/D (export declaration) export declaration
EA (each)
Estimated EAT (estimated time of arrival)
Economic Integration
EEC (European Economy Community) European Economic Community
EMP (European Main Ports) major European Ports
EMS (Express Mail Special) Express Delivery
Endorsement
Entrepot Trade
Additional device Location fee for EPS (Equipment Position Surcharges)
EPZ (export processing zone) export processing zone
ETCL (expected time of commencement of loading) Estimated start time of loading
ETD (estimated time of departure) estimated departure time
ETFD (expected time of finishing discharging) estimated unloading time
ETFL (expected time of finishing) Estimated Completion time
EU (European Union) EU
Ex (Work/ExFactory) factory delivery
Exch. (exchange) exchange, draft
Exclusive Agent; Exclusive Agent of Sole Agent
Exclusive Sales package Sales
EXP (export) egress
EXQ (ex quay) terminal delivery price
EXS (ex ship) destination port shipping price
EXW (Ex Works) factory delivery