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LIST OF ABBREVIATIONS OF BANKING AND FINANCIAL TERMS


  AMEX American Stock Exchange
  B.I.S. Bank for International Settlements
  GDP Gross Domestic Product
  GNP Gross National Product
  GATT General Agreement on Tariffs and Trade
  DC Deposit Certificates
  EFTA European Free Trade Association
  EBRD European Bank of Reconstruction and Development
  ECS European Currency System
  EPU European Payment Union
  CCC Common Commercial Code
  CTCC Common Trade-Commercial Code
  EEC European Economic Community
  COMEX Commodity Exchange of New York
  CSE Commission on Securities and Exchanges
  IABD Inter-American Bank of Development
  IBRD International Bank of Reconstruction and Development
  IMF International Monetary Fund
  ILO International Labor Organization
  ISTC International Standard Trade Classification
  ITA International Trade Agreement
  RW Research and experimental works
  UNO United Nations Organization
  GAAP Generally Accepted Accounting Principles
  OPEC Oil Products Exporters Countries
  OECD Organization for Economic Cooperation and Development
  SWIFT Worldwide Interbank Finance Telecommunication Network
  SDR Special Drawings Rights
  SFC System of Farmer Credit
  CCC Commodity-Credit Corporation
  TSC Trust Settlement Corporation
  PCSI Patterns and Commodity Signs Institution
  FCR Federal Corporation of Reconstruction
  FCDI Federal Corporation on Deposits Insurance
  FCILSA Federal Corporation of Insurance of Loans Saving Association
  FRS Federal Reserve System
  CHIPS Electronic System of Interbank Clearing Calculations
  EIB Export-Import Bank of the USA
  ECU European Currency Unit
  C.F.R. Code of Federal Rules
  U.S.C. United States Code



ABBREVIATIONS, USED IN COMMERCIAL DOCUMENTATION

  a.a 1. ad acta, ëạ̀. 2. always afloat
  a.a.r., A/R, AAR against all risks (shown in insurance polis)
  a.s., a/s, A/S at sight, after sight, account sales
  awb, AWB air waybill
  B/E, BE 1. bill of exchange; 2. bill of entry
  B/L, B.o.L. bill of lading
  B/P, B'PAY 1. bills payable; 2. bill of parcels
  B/R, B'REC 1. bills receivable; 2. bank rate
  B.S., B/S 1. bill of sale; 2. bill of sight, demand bill
  BD, B/D bank draft, bills discounted, broker/dealer
  c.a., C.A., C/A current account, current assets, capital account, credit account
  c.o.d., C.O.D. cash on delivery
  CN, C/N 1. consignment note, GB; USA - waybill; 2. cover note; 3. credit note
  C.A.D., CAD, cad cash against documents
  C.A.F., c.a.f., CAF cost and freight; cost, assurance, freight
  C.B.D., CBD cash before delivery
  CI, c.i. cost and insurance
  CIA, cia cash in advance; certificate of internal auditing
  CIF, c.i.f., C.I.&F. cost, insurance and freight
  CIFC, C.I.F.&C. cost, insurance, freight and commissions
  CIFCI, C.I.F.C.&I. (cost,
  insurance, freight, commissions
  and interest)
cost, insurance, freight, commissions and interest
  D/A, d/a 1. days after acceptance; 2. documents against acceptance; 3. documents attached
  D/C 1. delivery clause; 2. deviation clause
  D/D, d/d days after date/demand/draft, delivered docks, delivered
  D/d days after day
  D/D demand draft
  D/N debit note, demand note
  D/O, d/o delivery order
  D/P documents against payment
  E. and O.E., E.&O.E.   errors and omissions excepted
  ETA, e.t.a. expected (estimated) time of arrival
  FAA, f.a.a. (free of all average) free of all average
  FAS, fas, f.a.s. free alongside ship
  fco franco
  FCR forwarding agent's certificate of transport
  FCT free on board (terms of delivery)
  FOB, F.O.B., f.o.b. free on rail
  FOR, F.O.R., f.o.r. free on truck
  FOT, F.O.T., f.o.t. free of particular average
  FPA, F.P.A., f.p.a. gross weight
  L/C, l/c letter of credit
  LIBOR London Interbank Offering Rate (of credit resources, as a rule for 3 and six months)
  NT.WT net weight
  PN, P/N promissory note
  SDR special drawing rights
  S/N shipping note
  TR, T.R., T/R trust receipt, tons register
  T.Q. total quality
  TQM total quality management
  TT, T.T. telegraphic transfer (money)
  USM, U.S.M. unlisted securities market
  W/M weight or measurement, without margin
  W/R warehouse receipt
  WA, W.A. with average
  WPA with particular average

 

 


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