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Business Terms TXT Format2

This document provides abbreviated business terms used internationally. It defines terms ranging from common abbreviations like a/c for "account" to more specialized terms like F.O.B. meaning "Free on Board". The definitions are organized alphabetically from A-Z for easy reference to various business and shipping terms used in international trade.

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0% found this document useful (0 votes)
102 views13 pages

Business Terms TXT Format2

This document provides abbreviated business terms used internationally. It defines terms ranging from common abbreviations like a/c for "account" to more specialized terms like F.O.B. meaning "Free on Board". The definitions are organized alphabetically from A-Z for easy reference to various business and shipping terms used in international trade.

Uploaded by

Abegail Blanco
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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ABRIDGED BUSINESS TERMS

Internationale Applied

A.a.r. ||  a.r. || a/c against all risks


a/c    Account
A/C   Account Current
Acc.  Acceptance; accepted
Ad. ref  Ad referendum - matter subject to reverence before being final

Ad val  Ad valorem - according to value


Afloat  Vessel at sea
A.g.b   A good brand
A.l.s.   About like sample
Anglo-form Chamber of shipping  Cottion et c, Charter (freight paid on steamer"s net
reg. ton)
A/or   And, or
A/o    Account of
A.P.    (1) A protester (to be protested - billls)
          (2) Additional premium (insurance)
A/R   All risks
A/s.   Account sales
A/T.   American Terms (grain trade) Association terms
Aus T   Australian Terms
Av      Average
@      at
@ p.lb.  at per pound
gs/Bulk Part in bags, part bulk
Baltcon" New Baltic Coal Charter.
Baltime" Uniform Time Charter
Bar.   Barrel
B.B.   Bill Book
B.Ch. Bristol Channel
B/D   Bank Draft
Bgs   Bags
Bd.    Bond
. Breakhorse-power
Bk.    Bank; book; backwardation
Bkg.  Banking
Bkge Brokerage
Bkt.    Basket
Bl.      Bale; barrel
B/L    Bill of Lading; receipt given on behalf of shipowner for goods shipped or
received for shipment
B.o.    Branch office, buyers option
B.O.D. Buyers Option to Double
B.O.T.  Board of Trade
B/P     Bill Payable
B.P.B.  Bank Post Bill
b. rec. Bill Receivable
B/R     Bourdeaux or Rouen (grain trade)
Brev.   Brevete (patented)
B.S      Balance Sheet
B/S     Bill of Sale
B/s.     Bags; bales
Bsh or Bus  Bushel
Bt.       Bought
B.T.U.  Board of Trade Unit
Bulk    Whole Cargo in bulk

C/       Case, currency, coupon


C/A    Capital Account; close annealed; commercial agent
C.A.D  Cash against Documents
canclg.  cancelling
Capt    Captain
Cat      Catalog
C.B.     Cash Book
C.C.    Continuation clause
C/D    Custom Declaration
C.d.    Cum dividendo (with dividend(
C and D  Collection & Delivery
C.E.     Civil Engineer
Cert.   Certificate
C.&F.   Cost and Freight
C/f.     Carried forward
Cert. Inv.  Certified Invoice
c.f.      Cubic feet
C.f.o.  Coast for orders (chartering)
C.G.A. Cargo's proportion of G.A.
Cge.    Carriage
C.H.    Custom House
C.H. &H. Continent between Havre &Hamburg
Charter Form of contract engaging a vessel on specified terms
Ch.fwd. Charges forward
Ch. ppd. Charges prepaid
c/i       certificate of insurance
Cie.     Campagne (French company)
C.I.F.   Cost, insurance & freight
C.&I.   Cost & insurance
C.i.f.&c  Cost insurance freight & commission
C.i.f.&e  Cost insurance freight & exchange
C.i.f.&i  Cost insurance freight &interest

Cld.    Cleared (goods, shipping)


Cm.    Centimetre
C/N   Credit Note, Consignment Note
C.O.    Compte Ouvert (open a/c)
C/O   Cash Order (banking)
c/o    care of; carried over
C.O.D. Cash On Delivery
Collr.   Collector
Com.  Commercial, commission
Con.    Contra (against)
Con.cr.  Contra credit
Consignee The party to whom the goods or vessels consigned
Cont.   Contract
Coy.     Company
C/P      Charter Party; Custom of Ports
c.p.d.   Charter Pay Dues
C.R.     Company Risk
Cr.        Credit creditor
C/S.     Colliery Screened (coal trade)
C.S.      Civil Service
C/s.     Cases
Csk.     Cask.
C/T      Californian Terms (grain trade)
ct.        cent; current
Cts.     Crates.
Ctge.   Cartage
C.T.L.   Constructive Total Loss
Cub.    Cubic
Cum.d/-     With dividend
Cum. Pref.  Cumulative Preference
Curt.    Current
C.w.o.   Cash with order
C.w.t     Cash with order
Cwt.      Hundredweight
Cy.         currency
D/A  ...Days after acceptance; Documents Against Acceptance; Discharge Afloat
(chartering) Deposit Account
D.B.B. ...Deals, battens and boards (lightwood goods)
Dbk. ... Drawback
D/C  ... Deviation  Clause
D/D  ... Demand Draft
D/d  ... Days after date
Dd.  ... Delivered
Dd/s ... Delivered sound (grain trade)
D.D and Shpg. 
     ... Dock, Dues and Shipping
Deb. ... Debenture
Dec. ... Decrease
Def. ... Deferred
Deg. ... Degree
Dept. ... Department
D.f. ...  Dead freight
Dft. ... Draft
Diam ... Diameter
Dis. ... Discount.
Dist. ... District.
Div. ... Dividend; Division.
Dk.  ... Dock.
d.l.o. ... Dispatch loading only.
D/N ... Debit Note.
D/O ... Delivery Order
Do. ... Ditto.
Dols. ... Dollars.
Doz. ... Dozen.
D/P. ... Documents against Payment.
d.p. ... Direct Port
Dr   ... Debtor; Drawer.
'dreading' Option General Cargo.
D/R  ... Deposit Receipt.
D/s. ... Days sight.
D/W. ... Dock Warrant.
D/w. ... Deadweight.
Dely. ... Delivery

[E]
Ea.  ... Each
E&O.E. ... Errors and omissions excepted
E.C.Ireland ... East Coast Ireland
E.D. ... Ex. Dividend.
E.E. ... Errors excepted.
E.g. ... Exempli grati [for example]
E.I. ... East Indies
Enclo. ... Enclosure.
Entd. ... Entered.
E.o. ... Ex officio (by virtue of office)
E.o.h.p. ... Except otherwise herein provided
Eq. ... Equivalent
Et.seq. ... Et sequentes (and the following)
Ex. ... Examined;exchange; executed out of; without.
Exch. ... Exchange; exchequer.
Excldg. ... Excluding.
Ex. cp. ... Ex coupon.
Exd. ... Examined.
Ex. div. ... Without dividend.
Ex. in. ... Without interest.
ex-Mill ... Buyer responsible for charges after delivery at Mill.
Ex-parte ...One side only
ex-Quay ... Buyer resp.for charges after delivery at Quay.
Ex-Ship. ... Buyer resp. for charges after delivery at Store.
Exs. ... Expenses

[F]
F.a.a. ... Free of all average.
Fac.   ... Facsimile.
F.a.q. ... Fair average quality.
F.a.s. ... Free alongside ship. In this form of contract the seller must deliver goods so
they can be handled by the ship.
Fco. ... Franco abord or Franco (free)
F.c.s. ... Free of capture and seizure.
F.C.&S and R and C.C.
       ... Warranted free from above and damage caused by riots and civil commotions.
F.D.D. ... Francs de droit
F/D. ... Free docks.
f.d. ... Free dispatch.
F.f.a. ... Free from alongside; free foreign agency.
F.g. ... Fully good.
F.g.a. ... Foreign general average
F.g.f. ... Fully good fair.
f.h. ... First half.
F.i.b. ... Free into bunker (coal trade)
Fig. ... Figure
f.i.a. ... Full interest.
F.i.o. ... Free in and out.
Fir. ... Firkin.
F.i.t. ... Free of income tax
F.I. ... Floating Landing.
 F.m. ... Fair Merchantable
Fms. ... Fathoms.
F/o. ... Full orders, full of terms (grain trade
F.O. ... Firm Offer
F.o.b. ... Free on board.
F.o.c. ... Free of charge.
f.o.d. ... Free of damage.
Flg. ... Following.
For. ... Foreign.
F.o.r. ... Free on rail.
F.o.s. ... Free on steamer.
F.o.t. ... Free on trucks.
F.o.w. ... First open water.
F.p ... Fully paid.
F.p.a. ... Free from particular average.
Fr. & c.c. ... Freeof riot and civil commotion.
Frt. ... Freight.
Frt. fwd. ... Freight forward.
Frt. ppd. ... Freight prepaid.
f.t. ... Full terms.
Ft. ... Foot, feet.
F.T.W. ... Free Trade Wharf.
Fur. ... Furlong.

[G]
G/a. ... General average.
Gall. ... Gallon.
G.B. ... Great Britain
G.b.o. ... Goods in bad order.
G.gr. ... Great gross (144 doz).
gl. ... Gill.
G.m. ... Goods merchantable.
G.m.b. ... Good merchantable brand.
G.m.q. ... Good merchantable quality.
G.o.b.  ... Good ordinary brand.
Govt. ... Government.
Gt. ... Gross.
Gr. Wt. ... Gross Weight.
Grs. ... Grains.
Grs. t. ... Gross tons.
G.t.c. ... Good till countermanded. 
Grade. ... Classified Quality.
[H]
Hewn. ... Hewn timber per load.
Hhd. ... Hogshead.
H.M.C. ... His Majesty Customs
H.P. ... Horse-power.
H.P.N. ... Horse-power, Nominal.
Hrs. ... Hours.

[I]
I.B. ... Invoice Book.
ib. ... ibidem-in the same place.
I.B.I. ... Invoice Book Inwards.
I.B.O. ... Invoice Book Outwards.
id. ... idem-the-same.
i.e. ... idest-that-is.
I.h.P. ... Inicated Horse-power.
I/L. ... Import License.
incldg. ... including.
Instn. ... Institution.
Instns. ... Instructions
Int. ... Interest.
In trans. ... In transitu (in transit)
Inv. ... Invoice.
I.O.U. ... I owe you.
I.S.W.G. ... Imperial Standrd Wire Gauge

[J] 

J/A ... Joint account.


Jr. ... Junior. 

K
Kild. ... Kilderkin.
Kilo. ... Kilogramme.
Kincon. ... United Kingom or Continent.

L
L.A.T. ... United Association Terms.
Lat. ... Latitude.
lb. ... pound in weight.
L/C. ... Letter of Credit.
Ldg. and dely ... Lending and Delivery.
     Ledger.
Led. ... Ledger.
Leg. wt. ...Legal weight
lh. ... last half
L.I.P .... Life Insurance Policy.
Long. ... Latitude.
L.S. ... Locus sigilli - place or seal.
L.T. ... Liverpool Terms.

m. ... metre, mile, minute.


M/a. ... My account.
Max. ... Maximum.
M/C. ... Marginal Credit (banking)
M/C ... Metalling Clause (marine insurance)
M/D ... Memorandum of Deposit
M/d ... Months' date (i.e. monthsafter date)
Mdse. ... Merchandise.
Med. ... Medium.
Memo ... Memorandum
Mischs... Michelmas.
min ... minimum, pants
Min. B/L ... Minimum Bill of Lading
Min. wt. ... Minimum  weight.
M.I.P. ... Marine Insurance Policy
Mks. ... Marks.
M/m. ... Made merchantable.
M.M. ... Mercantile Marine
M.M.A. ... Merchandise Marine Act
M.O. ... Money Order.
M.O.P. ... Mother of Pearl. 
Mos. ... Months.
M/R. ... Mate's Receipt.
Ms. ... Manuscript; male steamer.
M.S. ... Motor ship
M/s. ... Month's sight (i.e. monthk after sight.)
M.S.A. ... Merchant Shipping Act
M.S.C. ... Manchester Ship Canal
M.V. ... Motor Vessel
Mx. ... mixed

N
NA 
Not-above used in fixing, loading positions in River.
N.A. North America
N/A  No advice (banking)
N.B. ...Take note-mark well.
N/C ... New Charter or New Crop.
N/C or any ... New Charter or any direct     Port.
N.E. ... No effects.
Nem. con. No one contradicting ...  
Net. Netto (lowest)
net.terms ... Free of Charters' Commission
N/f ... No funds.
N.G. ... No Grade
N/m  ... No mark
N/O  ... No orders (banking)
Nom. ... Nominal
No red B/Ch No reduction Bristol
N.o.p. ... Not otherwise provided.
N.p. ... Notary public.
n/p. ... Net proceeds.
Nos. ... Numbers.
N.R. ... No risk (insurance).
N/S. ... No sufficient banking.
N.t. ... New Terms (grain trade)
Net. t. ... Net tons.
Net. wt. ... Net weight.

[O]
O/a. ... On Account of.
O.C. ... Open Charter.
O.c. ... Off coast
o/c. ... overcharge
oc.B/L. ... Ocean Bill of Lading.
O/d. ... On Demand.
Off Coast Vessel ... at port of call on waiting orders.
%    ... Order of; percent.

%    ... Per mile; per thousand.


OP.  ... Open Policy (insurance)
O.R. ... Owners' Risk.
O.R.B. ... Owners' Risk of breakage.
O.R.C. ... Owners' Risk or Chafinge.
O.R.D. ..  Owners' Risk of damage.
O.R.F. ... Owners' Risk of fire.
O.R.L. ... Owners' Risk of leakage.
Ord.  ...  Ordinary.
O/s. ... Old style.
O/t. ... Old term (grain trade)
O.T. ..  in track or railway.
Oz. ... Ounce.

[P]
P/A.  ... Private Account.
P.A.  ... Particular Average.
Pcl.  ... Parcel; part of cargo
P and L. ... Profit and Loss.
P/C. ... Price current; Petty cash;
          Per Cent.
P.c.r.c.a. Pickled cold rolled and close annealed.
Pcs. ... Pieces.
P.C.B. ... Petty Cash Book.
P.D. ... Port Dues.
'Pixpinus' Charter Party in use for Pitchpine cargoes.
Pk. ... Peck.
Pkg.  ... Package
P.L. ... Partial Loss (insurance).
Pm. ... Premium.
P/N. ... Promisory Note
P.O. ... Postal Order.
P.O.B. ... Post Office Box.
P.O.D. ... Pay on Delivery.
p.p. ... Picked ports (chartering)
Per pro. ... Per procuration (on behalf of)

Ppd. ... Prepaid.


P.p.i. ... Policy proof of interest. (marine insurance)
ppt. ... Prompt loading.
Pref. ... Preference or preferred.
Pres. ... President.
Pro.  ... For.
Pro. and con. ... For and against.
Pro forma. ... As a matter of form.
Pro tem. ... Pro tempore-for the time being.
Prox. ... Proximo - of the next month.
P.R. ... Parcel Receipt. 
Pt. ... Pint
P.T. ... Parcel Ticket.
P.T.O. ... Please Turn Over
Pts. ... Pints.

[Q]
Qty. ... Quality.
Qts. ... Quarters.
Qts. ... Quarts.
q.v. ... Quo vide.-which see.
Quid pro quo
     ... On exchange or an other; an equivalent.
Qr. ... Query.

[R]

R.A.T. ... Rapeseed Association Terms. 


R/D. ... Refer to Drawer (banking).
R.D.C. ... Running Down Clause (insurance)
re. ... with reference to.
recd. ... Received.
regd. ... Registered.
R.I. ... Re-insurance.
R.O. ... Receiving Office.
R.P. ... Reply Paid.
R.S.O. ... Railway Sub-Office.
R.S.V.P. ... Reply Please.

[S]

Sewn. ... Sewn Timber per standard.


s.c. ...  scilicet (i.e. to wit.).
Scale ... Freight paid for
          customary scale Ton.
s/d. ... Sine die (indefinitely).
S.D. ... Sea damaged. In contracts, on this basis grain damaged by water or
consideration may be rejected by buyers.
sec. ... Section; secretary.
S&F.A. ... Shipping and Forwarding Agent.
seq. ... The following. 
S.g. ... Specific gravity.
S.G. ... Used in Lloyd's policy and signifying according to some 'Ship and goods' but
prb. more correctly Salutis Gratis - for the sake of safety.
Sgd. ... signed.
Shipt. ... Shipment.
S.H.P. ... Shaft horse-power.
Shr. ... Share.
S.I. ... Short Interest.
         (Insurance)
Sks. ... Sacks.
S.I.  ... Sailer.
S/N. ... Shipping Note.
S.o. ... Seller option.
S.O.D. ... Seller Option to Double.
Soc. ... Society.
S.p.d. ... Steamer pay dues.
S.P. ... Supra protest.
S.S.&C. ... Same Sea and Country
st. ... Stone (in weight).
St. ... Stet (let it stand).
s.t. ... Short ton (2000 lb).
Std. ... Standard.
Stk. ... Stock.
Str. ... Steamer.
S. to S. ... Station to Station
Sun/exct. ... Sundays excepted in the lay-days 
S.w. ... Shipper's Weights.

[T]

T. ... Tons; tare


TB. ... Trial Balance.
Tcs. ... Tierces.
T.E. ... Trade Expenses.
Thro' B/L. ... Through Bill of Lading.
T.L.O. ... Total Loss of (marine insurance)
T.M.O. ... Telegraph Marine Order.
T/Q. ... Tale quale (grain trade). Goods in such condition as they may be at the time of
delivery (apply to London grain contracts).
T.R. ... Tons Registered.
T.f's. ... Telegraphic Transfers.

[U]

U/a. ... Underwriting Account. (Marine insurance).


U.K.f.o. ... United Kingdom for orders.
Ult. ...  Ultimo - of the last month.
U/p. ... Under proof (spirits).
U/w. ... UNerwriter.

[V]

V. ... Versus - against.


Var. ... Various.
Vid. ... Vide - see.
V.S. ... Visible Supply.
Viz. ... Vdelicet - namely.
v.v. ... Vice versa.

[W]

W.A. ... Western Australia.


W.B. ... Warehouse Book; Way Bill.
w.b. ... Water Ballast.
W.C. ... West Coast England.
Wd.  ... Warranted.
W.G. ... Wire Gauge.
w.g. ... weight guaranteed.
w.p.a. ... With particular average.
W.P. ... Without prejudice (insurance).
w.r. ... Warehouse receipts.
W/W. ... Warehouse Warrant.

[Y]

Y/A.  ... York Antwerp Rules (marine insurance)


10s. 6d. net 10s. 6d. net Charter.
2,158n. ... 2,158 tons net Register.
3,800t. ... 3,800 tons cargo.

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