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 Abbreviations of International Trade Terms
 
A/C  Account
A/O  Account Of
AAA  Association of Average Adjusters
ADR  EU agreement for international carriage of dangerous goods by road
AF  Advance Freight (such as prior to shipment)
AMT  Air Mail Transfer
AN  Advice Note
ANF  Arrival Notification Form
AP  Additional Premium
ARAMCO  Arabian American Oil Company
ASEAN  Association of South East Asia Nations
ASSP  Any Safe Suitable Port
ASWP  Any Safe World Port
ATA  Admission Temporaire - Temporary Admission
ATP  Accorde Transports Perissable (european agreement on the international carriage of foodstuffs)
ATR  Admission Temporaire Roulette - Temporary Admission on Wheels
AV  freight rate based on value of goods shipped
AWB  Air Way Bill
B/D  Banker's Draft
B/E  Bill of Exchange
B/L  Bill of Lading
B/S  Bill of Sale
BAF  Bunkerage Adjustment Factor on shipping rates
BB  Bill Book
BCL  Bank Capability (or Comfort) Letter
BD  Bond
BDI  Both Days Inclusive
BF  Back Freight for goods being returned to point of origin
BKG  Breakage
BKGE  Brokerage
BL  Bulk Licence to cover a trading period, or value
BLCO  Bonny Light Crude Oil
BLR  Bank Letter of Readiness
BOND  guarantee to customs for payment of duty or tax
BP  Bills Payable
BR  Bills Received
BS  Bill of Sight used for Customs declaration when the importer is unable to furnish all documents
C of O  Certificate of Origin, note there are several different types
C&D  Collected & Delivered
C&E  Customs & Excise
C&F  Cost & Freight (not in INCOTERMS 1990)
C/I  Consular Invoice/Certificate of Insurance
C/N  Consignment Note, Cover Note
C/NEE  Consignee
C/NOR  Consignor
C/S  Currency Surcharge
C/V  Certificate of Value
C/VO  Certificate of Value & Origin
CAA  Civil Aviation Authority
CAD  Cash Against Documents
CAF  Currency Adjustment Factor for sea freight rates
CAP  Common Agricultural Policy
CARICOM  Caribbean Community
Carr Fwd  Carriage Forward
CB  Container Base
CBD  Cash Before Delivery
cbm  cubic metre
CC/O  Certificate of Consignment/Origin
CCC  Customs Clearance Certificate
CCCN  Customs Co-Operation Council Nomenclature (formerly BTN Brussels Tariff Nomenclature)
CCM  Caribbean Common Market
CD  Customs Declaration
CDV  Current Domestic Value
CE  Community European - quality mark on goods
CEN  European Standards Office
CET  Central European Time
cf  cubic feet
CFR  Cost & Freight (named port of destination)
ch pd  carriage paid
ch ppd  carriage pre-paid
CHIEFS  the UK Customs electronic system for both export and import transactions
CIF  Cost, Insurance & Freight (named port of destination)
CIF & C  Cost, Insurance, Freight & Commission
CIFC & I  Cost, Insurance, Freight, Commission & Interest
CIM  Contract of movement by International Rail
CKD  Completely Knocked Down
CMR  Convention Merchandises Par Routes (conditions for the international carriage of goods by road)
CO or C/O  Certificate of Origin, Cash Order
COD  Cash On Delivery
COI  Central Office of Information
COM/I  Commercial Invoice
COMITEXTIL  Co-Ordination Committee for the Textile Industry in the EU
COP  Certificate Of Posting
CPA  Claims Payable Abroad
CPD  Charter Pays Dues
CPT  Carriage Paid To (named destination)
CR  Current Rate, Carriers Risk, Compound Risk
CRN  Customs Registered Number
CT  Community Transit
CTC  Customs Tariff Code, now harmonised virtually world-wide
CTL  Constructive Total Loss
CWO  Cash With Order
CY  Currency
D/A  Documents against Acceptance, Days after Acceptance
D/N  Debit Note/Despatch Note
D/O  Delivery Order
D/P  Documents against Payment, Direct Port
DAF  Delivered At Frontier (named place)
DAN  Deferment Account Number
DDP  Delivered Duty Paid
DDU  Delivered Duty Unpaid
DEPS  Departmental Entry Processing System
DEQ  Delivered Ex Quay (named port of destination)
DES  Delivered Ex Ship (named port of destination)
DFT  Draft
DGN  Dangerous Goods Note, they vary according to transport mode
DK  Dock
DS  Days after Sight
DWT  Dead Weight Tonnage
DY or DELY  Delivery
E&OE  Errors & Omissions Excepted
ECA  Economic Co-operation Administration
ECE  Economic Commission for Europe
ECI  Export Consignment Identifier
EDI  Electronic Data Interchange
EDP  Electronic Data Processing
EEU  European Economic Union
EFTA  European Free Trade Area
EIA  European Information Association
EIS  Export Intelligence Service
EOHP  Except as Otherwise Herein Provided
EOM  End Of Month
EOTA  European Organisation for Technical Approvals
EOTC  European Organisation for Testing & Certification
ETA  Estimated Time of Arrival/European Technical Approvals
ETD  Estimated Time of Departure
ETS  Estimated Time of Sailing
EU  European Union
EX  Examined, Exchanged, Executed, Excluding, out of
EXD  Examined
EXW  Ex Works (named place)
F&D  Freight & Demurrage
FAA  Free of All Average
FAC  Forwarding Agents Commission
FAK  Freight of All Kinds
FAS  Free Alongside Ship (named place)
FCA  Free Carrier (named place)
FCL  Full Container Load
FCO  Franco
FCO  Full Corporate Offer
FCR  Freight Forwarders Certificate of Receipt
FIATA  International Federation of Freight Forwarders Association
FIB  Free In Bunker
FIO  Free In and Free Out
FIW  Free In Wagon
FO  Firm Order
FOB  Free On Board (named port)
FOC  Free Of Charge
FOD  Free Of Damage
FOR  Free on Rail (no longer INCOTERMS 90)
FOT  Free On Truck (no longer INCOTERMS 90)
FOV  Free On Vehicle
FP  Floating open cover marine insurance Policy
FP-C  Flash Point Celcius
FR  Freight Release
FRANCO FREE  all charges paid to arrival (on a named destination)
FTA  Freight Transport Associations (or) Free Trade Agreements
GA  General Average
GA CON  General Average Contribution
GATT  General Agreement on Tariffs and Trade, now known as WTO (World Trade Organisation)
GRS WT  Gross Weight
GRT  Gross Registered Tonnage
GSP  Generalised System of Preferences
GV  Grand Vitesse (express train)
HAWB  House AirWay Bill
HL  Heavy Lift
I/L  Import License
IATA  International Air Transport Association
IB  Invoice Book
ICAO  International Civil Aviation Organisation
ICB  International Container Depot
ICC  International Chamber of Commerce
ICD  Inland Clearing Depot
ICPO  Irrevocable Corporate Purchasing Order
ICS  International Chamber of Shipping or Institute of Chartered Shipbrokers
ID  Import Duty
IFF  Institute of Freight Forwarders
IMF  International Monetary Fund
IMO  International Marine Organisation
IPR  Inward Processing Relief
IRC  International Reply Coupon
IRD  Inland Rail Depot
ISO  International Standards Organisation
L/C  Letter of Credit
LAFTA  Latin American Free Trade Organisation
LASH  Lighter Aboard Ship
LCL  Less than full Container Load
LDG  Loading
LEC  Local Export Clearance
LO/LO  Lift On/Lift Off
LOI  Letter Of Intent (to buy)
LOR  Letter Of Readiness
MAWB  Master AirWay Bill
MCD  Miscellaneous Cash Payment
MD  Malicious Damage
MIP  Marine Insurance Policy
MR  Mates Receipt
MT  Mail Transfer
MT  Metric Tonnes
N/T  Net Terms
NAFTA  North American Free Trade Area
NCNDA  Non-Circumvention Non-Disclosure Agreement
NCV  No Commercial Value
NEI  Not Elsewhere Included
NES  Not Elsewhere Specified
NET WT  Net Weight
NNPC  Nigerian National Petroleum Corporation
NOR  Notice of Readiness
NSSN  National Standard Shipping Note
O/A  On Account of
O/C  Open Cover/Open Charter/Over Charge
O/D  On Demand (or) Overdrawn
O/O  Order Of
O/R  Owner's Risk
OAU  Organisation of African Unity
OECD  Organisation for European Co-operation & Development
OGL  Open General Licence
OPB  Operative Performance Bond
OPR  Outward Processing Relief
ORD  Order
OSI  Open Systems Interconnection (Computer Standards)
OTAR  Overseas Tariffs And Regulations
P/A  Private Account, Particular Average, Power of Attorney
P/C  Private Current, Percent
PB  Performance Bond
per pro  on behalf of
PIRA  Packing Industry Research Association
PKD  Partially Knocked Down
PL  Partial Loss
PLA  Port of London Authority
PO  Post Office
POA  Place Of Acceptance
POD  Proof Of Delivery
POF  Proof Of Funds
POP  Proof Of Product, Proof Of Purchase
Post Entry  UK customs export declaration up to 14 days after shipment
PR  Parcel Receipt
QTY  Quantity
RHA  Road Haulage Association
RN  Removal Note
RO/RO  Roll-On/Roll-Off
RWA  Ready, Willing and Able
S/N  Shipping Note
SAD  Single Administrative Document
SAE  Stamped Addressed Envelope
SB  Short Bill, payable on demand or sight
SBLC  StandBy Letter of Credit
SCP  Simplified Customs Procedure (UK exports only)
SD  Sight Draft, Short Delivery
SDBL  Sight Draft, with Bill of Lading attached
SDR  Special Drawing Rights
SGS  Pre-Shipment Inspection Company Based in Switzerland
SITC  Standard International Trade Classification
SITPRO  Simplification of International Trade Procedures Board
SLCO  Saudi Light Crude Oil
SOB  Shipped On Board
SR&CC  Strike Risk & Civil Commotion
stet  no change
SWIFTAIR  dedicated courier service operated by the Post Office (Royal Mail)
SWL  Safe Working Load
TARE  weight of a container without goods
TIR  Transport Internationale Routiers
TL  Total Loss
TMO  Telegraphic Money Order
TQ  Tariff Quota
TT  Telegraphic Transfer
TURN  Trader Unique Reference Number (renamed DAN number)
U/D  Under Deck
U/W  Underwriter
ULD  Unit Load Device, container used in air freight
UN  United Nations
UNCTAD  the United Nations Conference on Trade and Development
VAT  Value Added Tax
W/M  Weight or Measure, basis for sea freight rates
WA  With Average
WB  WayBill, Warehouse Book
WPA  With Particular Average
WR  Warehouse Receipt
WRO  War Risks Only
WTO  World Trade Organisation (formerly GATT)
YAR  York Antwerp Rules (used in marine insurance)