Abbreviations of International Trade Terms

Acronym	Full Form
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
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
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
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
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
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
SLCO	Saudi Light Crude Oil
SOB	Shipped On Board
SR&CC	Strike Risk & Civil Commotion
stet	no change
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
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)