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Industry Terms

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Industry Terms
Category: Terms and conditions

Transportation and commercial terms (Ctrl+F helps to search for the needed term


aa – always afloat

a.a.r. – against all risks

AC – account current

A/C – for account of

acc.cop. – according to the custom of the port

a.c.v. – actual cash value

a.d. a/d – after date

Add-on – …tariff (also proportional rate or arbitrary ( in USA)

ad val. (a/v) – ad valorem (according to value)

ADP – automated data processing

ADR – European Agreement concerning the international carriage of dangerous goods by road

AETR – European Agreement concerning the work of crews of vehicles engaged in international road transport

AFRA – average freight rate assessment

Agcy – agency

Agt. – agent

a.g.w.t. – actual gross weight

AMT – Air Mail Transfer

A.O. – account of

A/or – and/or

A/P – account paid

approx. – approximately

A/R – all risks (insurance)

arr. – arrival

arrd. – arrived

a/s – after sight

A/S – alongside

asap – as soon as possible

ass. – associate

ATA – actual time of arrival

ATD – actual time of departure

ATP – Agreement for the International Carriage of Perishable Foodstuffs

Atty – attorney

auth. – authorized

aux. – auxiliary

AWB – Air Waybill


B.A.C. – bunker adjustment charge

B.A.F. – bunker adjustment factor

Bags/Bulk – part in bags, part in bulk

B.C. – bulk cargo

B/D – bank(er’s) draft

b.d.i. – both dates (days) inclusive

bdth. – breadth

Bdy. – boundary

B/G – bonded goods

Bkge – brokerage

B/L – bill of lading

blk. – bulk

brl. – barrel

BUP – Bulk Unit Programme

B.W. – bonded warehouse

bxs. – boxes


CAC – currency adjustment charge

CAConf – Cargo Agency Conference (IATA)

C.A.F. – currency adjustment factor

C.A.S. – currency adjustment surcharge

CASS – Cargo Accounts Settlement System (IATA)

C.B. – container base

c.&d. – collection and delivery

c.b.d. – cash before delivery

cbm – cubic metre

cc – charge collect

CCL – customs clearance

CCS – consolidated cargo (container) service

C/D – customs declaration

CEM – European Conference on goods train timetables

CFR – Cost and freight (Incoterms)

CFS – container freight station

C.H. – carriers haulage

C.H.C. – cargo handling charges

Ch. fwd. – charges forward

c.i.a. – cash in advance

CIF – cost, insurance and freight (Incoterms)

c.i.f.& e. – cost, insurance, freight and exchange

c.i.f.i.& e. – cost, insurance, freight, interest and exchange

c.i.f.& i. – cost, insurance, freight and interest

c.i.f.c. – cost, insurance, freight and commission

c.i.f.c.& e. – cost, insurance, freight, commission and exchange

c.i.f.c.& i. – cost, insurance, freight, commission and interest

c.i.f.i.c. – cost, insurance, freight, interest, commission

c.i.f.L.t. – cost, insurance and freight, London terms

c.i.f.w. – cost, insurance and freight/war

CIM – International Convention concerning the carriage of Goods by Railway

CIP – Carriage and insurance paid to (Incoterms)

CIV – International Convention on the Carriage of Passenger and Luggage by Railway

CKD – completely knocked down (unassembled)

clean B/L – clean Bill of lading

cm – centimetre(s)

cm3 – cubic centimetre(s)

CMR – Convention on the Contract for the International Carriage of Goods by Road

C/N – consignment note

cnee – consignee

cnmt/consgt. – consignment

cnor – consignor

C/O – certificate of origin

C.O.D. – cash on delivery

C.O.F.C. – Container-on-Flat-Car (rail flatcar)

COMBITERMS – System for cost distribution between seller and buyer according to Incoterms 1990 (among forwarders)

COP – customs of port

C.O.S. – cash on shipment

COTIF – Convention concerning International Carriage by Rail (CIM-CIV)

C.P. – Customs of Port

CP – carriage paid

C/P – charter party

C/P blading – charter party bill of lading

CPLTC – Conference Port Liner Term Charges

CPT – Carriage paid to (Incoterms)

CSC – Container service charge

CSC – International Convention of the Safe Transport of Containers (UN)

CSConf – Cargo Services Conference (IATA)

CST – Container Service Tariff

C/T – Container Terminal

C.T. – conference terms

CT – combined transport

CTD – combined transport document

CTO – combined transport operator

CTPC – Cargo Traffic Procedures Committee (IATA)

cu.ft. – cubic foot (feet) – cubic inch(es)

CVGK – customs value per gross kilogram

CVGP – customs value per gross pound

CWE – cleared without examination

cwt – hundredweight

CWO – cash with order

CY – container yard

cy – currency


D/A – documents againts acceptance

DAF – Delivered at frontier (Incoterms)

D.A.S. – delivery resp. delivered alongside ship

Dbk – drawback

DCAS – Distribution Cost Analysis System

DDP – Delivered duty paid (Incoterms)

DES – Delivered ex ship (Incoterms)

DEQ – Delivered ex quay (duty paid) (Incoterms)

DDU – Delivered duty unpaid (Incoterms)

dia – diameter

dir. – direct

dm3 – cubic decimetre(s)

DOCIMEL – Document Cim Electronique (Electronic Cim document)

D/O – delivery order

D/P – documents against payment

DWCC – dead weight cargo capacity

DWT – dead weight ton


E.& O.E. – errors and omissions excepted

ECE – Convention International Convention for the Harmonization of Frontiers Controls of Goods

ECU – European currency unit

EDI – electronic data interchange

EDIFACT Electronic Data Interchangefor Administration, Commerce and Transport

EDP – electronic data processing

e.g. – for example

EIR – equipment interchange receipt (containers)

ETA – expected time of arrival

ETD – expected time of departure

ETS – expected time of sailing

excl. – excluding

EXW – Ex works (Incoterms)


F.A.A. – free of all average

f.a.c. – fast as can (loading or discharge)

F.A.C. – forwarding agent´s commission

FAK – freight all kinds

FALPRO – Special Programme on Trade Facilitation (UNCTAD)

F. and D. – freight and demurrage

f.a.q. – fail average quality

FAS – Free alongside ship (Incoterms)

FBL – FIATA Multimodal Transport Bill of Lading (FIATA Document)

FCA – Free carrier (Incoterms)

FCL – full container load

Fco. – franco; free

FCR – Forwarders Certificate of Receipt (FIATA Document)

FCSR & CC – free of capture, seizure, riots and civil commotions

FCT – Forwarders Certificate of Transport (FIATA Document)

FFI – FIATA Forwarding Instructions (FIATA form)

f.g.a. – free of general average

FHEX – Friday and Holidays excepted

f.i. – free in

f.i.o. – free in and out

f.i.a.s. – free in and stowed

f.i.o.s. – free in and out stowed

F.I.B. – Free info barge

f.i.c. – freight, insurance, carriage

f.i.h. – free in harbour

firavv – first available vessel

FIS – freight, insurance and shipping charges

f.i.w. – free into waggon

FLT – forklift truck

FOB – free on board (Incoterms)

F.O.C. – flags of convenience

F.O.D. – free of damage

f.o.w. – first open water

F.P.A. – free of particular average

FPAD – freight payable at destination

FR – flat rack (container)

Frt. fwd. – freight forward

ft. ppd. – freight prepaid

frt. ton – freight ton

ft. – foot (feet)

FWC – full loaded weight & capacity (container)

fwdr. – forwarder

FWR – FIATA Warehouse Receipt (FIATA Document)


G.A. – general average

G.A.A. – General Average Agreement (bond)

G.A.C. – general average contribution

G.C. – general cargo

G.C.R. – general cargo rates

GDP – gross domestic product

GMT – Greenwich Meantime

GFA – general freight agent

GNP – grosss national product

GRT – gross registered tonnage

GSA – General Sales Agent

Guatemala City Protocol (1971) – Protocol to amend the Convention for the Unification of certain Rules relating to International Carriage by Air signed at Warsaw on 12 October 1929 as amended by the Protocol at the Hague on 28 September 1955 (not in force)

Guadalajara Supplementary Convention (1961) – Convention Supplementary to theWarsaw Convention for the Unification of certain Rules relating to International Carriage by Air performed by a person other than the contracting carrier

GW – gross weight


HAWB – House Air Waybill

Hague Prot.(1955) – Protocol to amend the Convention for the Unification of certain Rules relating to the International Carriage by Air signed at Warsaw on 12 October 1929

Hague Rules – International Convention of the Unification of Certain Rules relating to Bills of Lading (1924)

Hague / Visby Rules – Protocol to amend the International Convention for the Unification of certain Rules of Law relating to Bills of Lading (Brussels 1968)

Hamburg Rules – United Nations Convention on the Carriage of Goods by Sea (1978)

hdlg – handling

HERMES – Handling European Railway Message Exchange-System

hgt – height

h/lift – heavy lift

HS – Harmonized System (CCC Convention)

H.Q. – headquarters

h.p. – horse power


i.a.w. – in accordance with

I.C.C. – Institute Cargo Clauses

ICD – inland clearance depot

i.e. – that is

IMDG – International Maritime Dangerous Goods Code

in. – inch(es)

include. – including

INCOTERMS – Standard conditions for sale and delivery of goods (issued by ICC, Paris)

INMARSAT – International Convention on the International Maritime Satellite Organization

INTRM – intermediate point

inv. – invoice

I.P.A. – including particular average

i.o.u. – I owe you


kg(s) – kilogram(s)

km – kilometre

km.p.h. – kilometres per hour

km2 – square kilometre

kn – knot(s)

kW – kilowatt

kWh – kilowatt-hour

Kyoto Convention – International Convention on the Simplification and Harmonization of Customs Procedures (1973) CCC Convention)


L/A – Lloyd`s agent

LASH – lighter aboard ship

Lat.,lat – latitude

lb(s) – pound(s)

L/C – Letter of credit

LDG – leading

1.&d. – loss and damage

1.&u. – loading and unloading

LCL – less than container load (less than car load)

leg. – legal

LEL – lower explosive limit

LFL – lower flammable limit

lgt. – long ton; long tons

liq. – liquid

Lkg/Bkg – leakage & breakage

LNG – Liquefied natural gas

L.O.A. – length over all

LO/LO – lift on, lift off

load – loading

loc. – local; location

Long, long. – longitude

LPG – Liquefied petrochemical gas

LSD – landing, storage and delivery charges

LT – letter telegramm

L.T. – local time

L/T – liner terms

LTA – lighter than air system (airships)

ltge – lighterage

ltr. – lighter

lump – lump sum


M – minimum (rate classification)

m – metre(s)

m3 – cubic metre(s)

MACH – modular automated container handling

MFN – Most Favoured Nation

M.H. – Merchants Haulage

M/R – mate’s receipt

M + R – maintenance and repair (centre)

MAWB – Master Air Waybill

Mdse – merchandise

Montreal Prot. – Protocol to amend the Convention

No.4 (1975) – for the Unification of certain Rules relating to International Carriage by Air signed at Warsaw on 12 October 1929 as amended by the Protocol done at the Hague on 28 September 1955

msbl – missing bill of lading

msca – missing cargo

MT – motor tanker

MTD – multimodal transport document

MTO – multimodal transport operator

M/S – Motor ship

M/V – Motor Vessel


N – normal (rate classification)

NAABSA – not always afloat but safely aground

NAOCC – Not Aircraft Operating Common Carrier

NAWB – Neutral Air Waybill (forwarders Air Waybill)

n.c.v. – non customs (commercial) value

n.e.s. – not elsewhere specified

n.f.o. – not free out

NGO – non governmental organization

n.l.t. – not later than

n/n – non-negotiable

N.,NO,Nr. – number

N/O – no orders

n.o.e. – not otherwise enumerated

n.o.p. – not otherwise provided

N.O.R. – not otherwise rated

N.O.S. – not otherwise specified

N/R – note of readiness

NRT – net registered ton

Nt. – net weight

n.v.d. – no value declared

NVOCC – Mon Vessel Operating Common Carrier


OBO – Ore Bulk Oil (carrier)

O.B.S. – Oil Bunker Surcharge

Oc. B/L – Ocean Bill of Lading

O/D – on deck

ODS – operating differential subsidy

OFA – ocean freight agreement

O.R. – owner’s risk

O.R.B. – owner’s risk of breakage

O.R.D. – owner’s risk of damage

O.R.F. – owner’s risk of fire

OT – open top (container)

o.t.o.r. – on truck or railway


p.a. – per annum (per year)

P.A. – particular average

Para – paragraph

P.B.A. – paid by agent

P & D – pick up and delivery

P.& I. – Protection and Indemnity Association

P. & I.clause – Protection and indemnity clause

P. & I.Club – Protection and Indemnity Club

P. & L. – profit and loss

payt. – payment

P/C – paramount Clause

p.c.f. – pounds per cubic foot

P.chgs. – particular charges

pd. – paid

p.D. – partial delivery

p.h.d. – per hatch per day

pkge – package

P.L. – partial loss

PLP – parcel post

PLTC – port liner term charges

pmt – prompt

P/N – promissory note

P.O.B. – post office box

P.O.D. – payment on delivery; paid on delivery

POD – port of discharge

POL – port of loading

POR – port of refuge

pp/ppd – prepaid/prepaid

p.t. – per ton

pt/dest – port of destination

pt/disch – port of discharge

PTL – partial total loss

ptly pd – partly paid

p.t.w. – per ton weight


Q – Quantity (rate classification)

Q.c.o. – quantity at captain’s option

Qn – Quotation

q.v. – quod vide (which see)


R – reduced class rate (rate classification)

rcvd – received

r/c – return cargo

Red. – reduced

RCU – rate construction unit

REMCE – remittance

Rentcon – rent-a-container

rest. – restrict(ed)

retd. – returned or retired

R.I. – reinsurance

RID – International regulations concerning the international carriage of dangerous goods by rail

RMD – Rhine-Danube Navigation System

RNR – rate not reported

R/O – routing order

R.O.G. – receipt of goods

RO/RO – roll-on/roll-off

ROT – reference our telex

RYT – reference your telex

round C/P – round charter party

R.P. – reply paid

r.t.b.a. – rate to be arranged

Ry. – railway


S – surcharge (rate classification)

S/C – surcharge

s & c – shipper and carrier

S.& F.A. – shipping and forwarding agent

SHEX – Sundays and Holidays excluded

SCR – specific commodity rate

S/D – sailing date

S.d – small damage

S/d – sight draft

SDR – Special Drawing Rights

SDT – Shipper Declaration for the Transport of Dangerous Goods (FIATA form)

s.l.& c. – shippers’ load and count

S.L./N.L. – ship lost or not lost

SLI – shippers letter of instruction

S.O.L. – shipowner’s liability

S.P.A. – subject to particular average – square centimetre(s) – square inch(es)

SRCC – strike, riots, civil commotions

S/S – steamship

stvdrs – stevedores

sub L/C – subject to letter of credit being opened

sub licence – subject to licence being granted


T.A. – telegraphic address

TACT – the air cargo tariff (IATA)

TBL – through bill of lading

TBN – to be named (ship)

T/C – time charter

TC – traffic conference area (IATA)

TC – transcontainer

TD – time of departure

TDO – telegraph delivery order

TEEM – Trans-Europe-Express Marchandises (rail service)

TEU – twenty foot equivalent unit (containers)

TIF – international transit by rail

TIR – Customs Convention on the international tranport of goods under cover of TIR carnets (for international road transport)

TL – total loss

TLF – tariff level factor

tnge – tonnage

T.O.D. – time of dispatch

TOFC – Trailer on board flatcar

T.O.R. – time of receipt

TOT – time of transmission

tot. – total

TOW – tier on weight (container stacking according to weight)

TPND – theft, pilferage, non delivery

T.T. – terms of trade


u. c. – usual conditions

U.D. – under deck

U.DK. – upper deck

ULCC – Ultra Large Crude Carrier (oil)

ULD – unit load device (aircraft)

U/w – Underwriter


val. – value

VAT – value added tax

V.C. – vessels convenience

Ves. – Vessel

VIC – Very Important Cargo

VIO – Very Important Object

VIP – Very Important Person

VLCC – Very Large Crude Carrier (oil)

VOCC – Vessel Operating Common Carrier

v.v. – vice versa


Warsaw Convention – Convention for the Unification – of certain Rules relating to International Carriage by Air (1929)

W.A. – with average (Insitute Gargo Clause)

W/B – Way-bill

w.b.d. – will be done

w.c. – with costs

w.c.c.o.n. – whether cleared customs or not

W/d – working day(s)

wdt/wth – width

w.e.f. – with effect from

WG – Working Group

whf – wharfage

Whse – Warehouse

WIPON – whether in port or not

wk. – week

W/O,w/o – without

WP – weather permitting

w.p.a. – with particular average

W.R. – Warehouse Receipt

W.R.I. – War Risk Insurance

wt. – weight

w/t – weight tons

w/v – weight/volume

WW – warehouse warrant

ww – world-wide

Wwd – weather working days


X,X. – extra

x l & u l – exclusive of loading and unloading

xp – express paid

x pri – without privileges


y/c – your cable

yday – yesterday

y/l – your letter

y/o – your orde