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LIST OF ABBREVIATIONS
OF BANKING AND FINANCIAL TERMS
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| AMEX |
American Stock Exchange |
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| B.I.S. |
Bank for International Settlements
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| GDP |
Gross Domestic Product |
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| GNP |
Gross National Product |
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| GATT |
General Agreement on Tariffs and Trade |
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| DC |
Deposit Certificates |
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| EFTA |
European Free Trade Association |
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| EBRD |
European Bank of Reconstruction and
Development |
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| ECS |
European Currency System |
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| EPU |
European Payment Union |
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| CCC |
Common Commercial Code |
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| CTCC |
Common Trade-Commercial Code |
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| EEC |
European Economic Community |
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| COMEX |
Commodity Exchange of New York |
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| CSE |
Commission on Securities and Exchanges |
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| IABD |
Inter-American Bank of Development |
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| IBRD |
International Bank of Reconstruction
and Development |
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| IMF |
International Monetary Fund |
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| ILO |
International Labor Organization |
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| ISTC |
International Standard Trade Classification
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| ITA |
International Trade Agreement |
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| RW |
Research and experimental works |
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| UNO |
United Nations Organization |
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| GAAP |
Generally Accepted Accounting Principles |
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| OPEC |
Oil Products Exporters Countries |
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| OECD |
Organization for Economic Cooperation
and Development |
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| SWIFT |
Worldwide Interbank Finance Telecommunication
Network |
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| SDR |
Special Drawings Rights |
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| SFC |
System of Farmer Credit |
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| CCC |
Commodity-Credit Corporation |
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| TSC |
Trust Settlement Corporation |
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| PCSI |
Patterns and Commodity Signs Institution
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| FCR |
Federal Corporation of Reconstruction |
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| FCDI |
Federal Corporation on Deposits Insurance |
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| FCILSA |
Federal Corporation of Insurance of
Loans Saving Association |
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| FRS |
Federal Reserve System |
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| CHIPS |
Electronic System of Interbank Clearing
Calculations |
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| EIB |
Export-Import Bank of the USA |
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| ECU |
European Currency Unit |
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| C.F.R. |
Code of Federal Rules |
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| U.S.C. |
United States Code |
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ABBREVIATIONS, USED IN COMMERCIAL DOCUMENTATION
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| a.a |
1. ad acta, ëạ̀. 2. always afloat
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| a.a.r., A/R, AAR |
against all risks (shown in insurance
polis) |
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| a.s., a/s, A/S |
at sight, after sight, account sales |
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| awb, AWB |
air waybill |
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| B/E, BE |
1. bill of exchange; 2. bill of entry
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| B/L, B.o.L. |
bill of lading |
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| B/P, B'PAY |
1. bills payable; 2. bill of parcels |
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| B/R, B'REC |
1. bills receivable; 2. bank rate |
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| B.S., B/S |
1. bill of sale; 2. bill of sight,
demand bill |
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| BD, B/D |
bank draft, bills discounted, broker/dealer |
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| c.a., C.A., C/A |
current account, current assets, capital
account, credit account |
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| c.o.d., C.O.D. |
cash on delivery |
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| CN, C/N |
1. consignment note, GB; USA - waybill;
2. cover note; 3. credit note |
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| C.A.D., CAD, cad |
cash against documents |
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| C.A.F., c.a.f., CAF |
cost and freight; cost, assurance,
freight |
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| C.B.D., CBD |
cash before delivery |
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| CI, c.i. |
cost and insurance |
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| CIA, cia |
cash in advance; certificate of internal
auditing |
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| CIF, c.i.f., C.I.&F. |
cost, insurance and freight |
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| CIFC, C.I.F.&C. |
cost, insurance, freight and commissions |
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CIFCI, C.I.F.C.&I. (cost,
insurance, freight, commissions
and interest) |
cost, insurance, freight, commissions
and interest |
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| D/A, d/a |
1. days after acceptance; 2. documents
against acceptance; 3. documents attached |
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| D/C |
1. delivery clause; 2. deviation clause |
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| D/D, d/d |
days after date/demand/draft, delivered docks,
delivered |
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| D/d |
days after day |
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| D/D |
demand draft |
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| D/N |
debit note, demand note |
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| D/O, d/o |
delivery order |
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| D/P |
documents against payment |
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| E. and O.E., E.&O.E. |
errors and omissions excepted |
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| ETA, e.t.a. |
expected (estimated) time of arrival |
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| FAA, f.a.a. (free of all
average) |
free of all average |
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| FAS, fas, f.a.s. |
free alongside ship |
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| fco |
franco |
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| FCR |
forwarding agent's certificate of
transport |
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| FCT |
free on board (terms of delivery) |
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| FOB, F.O.B., f.o.b. |
free on rail |
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| FOR, F.O.R., f.o.r. |
free on truck |
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| FOT, F.O.T., f.o.t. |
free of particular average |
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| FPA, F.P.A., f.p.a. |
gross weight |
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| L/C, l/c |
letter of credit |
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| LIBOR |
London Interbank Offering Rate (of
credit resources, as a rule for 3 and six months) |
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| NT.WT |
net weight |
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| PN, P/N |
promissory note |
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| SDR |
special drawing rights |
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| S/N |
shipping note |
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| TR, T.R., T/R |
trust receipt, tons register |
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| T.Q. |
total quality |
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| TQM |
total quality management |
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| TT, T.T. |
telegraphic transfer (money) |
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| USM, U.S.M. |
unlisted securities market |
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| W/M |
weight or measurement, without margin |
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| W/R |
warehouse receipt |
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| WA, W.A. |
with average |
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| WPA |
with particular average |
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