Trade Abbreviations

 

A/C Account
AD Aggregate Demand
AN Advice Note
APEC Asia Pacific Economic Cooperation
ASEAN Association of Southeast Asian Nations
AWB Air Waybill
B/E Bill of Exchange
B/L Bill of Lading
BOM Bill of Material
CAD Cash Against Documents
CAF Currency Adjustment Factor
CBD Cash Before Delivery
CFR Cost and Freight
CIA Cash in Advance
CIF Cost Insurance and Freight
COA Certificate of Acceptance
COD Cash On Delivery
COO (C/O) Certificate of Origin
CSC Container Service Charge
CWO Cash with Order
D/D Delivered
DDC Destination Delivery Charge
DDP Delivered Duty Paid
DDU Delivered Duty Unpaid
ETA Estimated time of arrival
ETD Estimated time of departure
FCL Full container load
FEU Forty foot equivalent units
FIFO First in first out
FOB Free on Board
GATT General Agreeement on Tariffs and Trade
GST Goods & Services Tax
IATA International Air Transport Association
ISO International Standards Organisation
LC Letter of Credit
LCL Less than a container load
LIFO Last in, first out
MBM 1,000 board feet
OEM Original Equipment Manufacturer
TEU Twenty-foot Equivalent Unit, terms of a 8 x 8 x 20 foot container
UNCITRAL United Nations Commission on International Trade Law
VAT Value Added Tax
WTO World Trade Organization