@ - At (referring to price)
A. & C.P. - Anchors and chains
proved
a.a. - "Always afloat, after
arrival"
A.A.D. - Annual aggregate deductible
a.a.r. - Against all risks
A.B. - Able-bodied seaman
A.B.S. - American Bureau of Shipping is an
American ship classification society.
a.c. - Account
A.C.A.S. - "Advisory, Conciliation and
Arbitration Service"
A.C.I.I. - Associate of Chartered Insurance
Institute
A.C.V. - Air cushion vehicle
(hovercraft)
A.F. - Advanced freight
a.f.a.a. - as far as applicable
A.G.W.I. - "Atlantic, Gulf, West Indies
Limits"
a.h. - After hatch
A.H.F. - American hull form (insurance
policy)
A.I.M.U. - American Institute of Marine
Underwriters
A.M.I. - Absolute maximum loss
A.M.V.E.R. - Automated Mutual-Assistance Vessel
Rescue
A.O. Voy. - Any one voyage
A.O.B. - Any one bottom
A.O.E. - Any one event
A.O.L. - Any one loss
a.o.loc. - Any one location
A.O.O. - Any one occurrence
A.O.R. - Any one risk
A.O.V. - Any one vessel
A.P. - Additional premium
A.P.L. - As per list
A.R. - All risks
A.S.E.A.N. - Association of South East Asian
Nations
A.T.L. - Actual total loss
A/C - Account current
A/o - Account of
A/P - Additional premium
A/R - All risks. Against all risks
A/S - "After sight, Account sales, Alonside
(chartering)"
A/T - American terms (grain trade)
A/v - "Average, ad valorem (according to
value)"
AADFI - Association of African Development
Finance Institutions
AAEI - American Association of Exporters and
Importers
AAIB - Arab-African International
Bank
AATP - Association of African Trade Promotion
Organizations
ABC - American Business Center
ABCA - Association des Banques Centrales
Africaines
Abdnt. - Abandonment
ABEDA - Arab Bank for Economic Development in
Africa
ABI - "American Business Initiative, Automated
Broker Interface"
Absorption - "Absorption is investment and
consumption purchases by households,businesses, and governments, both
domestic and imported. When absorption exceeds production, the excess is
the country's current account deficit."
Abt. - About
ABTA - Association of British Travel
Agents
ACAB - Association of Central African
Banks
ACC - Arab Cooperation Council
Acc. - Acceptance. Accepted
ACCJ - American Chamber of Commerce in
Japan
accomplished bill of lading - Original bill of
lading surrendered to the carrying ship at the discharge port in exchange
for the goods.
ACCT - Agency for Cultural and Technical
Cooperation
Acct - Account
ACDA - Arms Control and Disarmament
Agency
ACEP - Advisory Committee on Export
Policy
ACH - Automated Clearinghouse
ACP - "African, Caribbean, and
Pacific"
ACP - "African, Caribbean and Pacific
States"
ACPC - Association of Coffee Producing
Countries
ACS - Automated Commercial System
ACTPN - Advisory Committee on Trade Policy and
Negotiations
ACU - Asian Clearing Union
AD - Antidumping
Ad Val - Ad Valorem
Ad Valorem - "Literally: according to value. Any
charge, tax, or duty that is applied as a percentage of value.
"
Ad Valorem Equivalent - "AVE is the rate of duty
which would have been required on dutiable imports under that item, if the
United States customs value of such imports were based on the United
States port of entry value. "
AD Valorem Tariff - "A tariff assessed as a
percentage of the value of the goods cleared through customs. For example,
10 percent Ad Valorem means the tariff is 10 percent of the value of the
goods."
Ad. val. - Ad valorem-according to
value
ADB - Asian Development Bank
ADB - Asian Development Bank
ADF - "African Development Foundation, African
Development Fund, Asian Development Fund"
ADFAED - Abu Dhabi Fund for Arab Economic
Development
Administrative Exception Notes - "CoCom controls
exports at three levels, depending on the item and the proposed
destination. At the lowest level, ""national discretion"" (also called
""administrative exception""), a member nation may approve the export on
its own, but CoCom must be notified"
ADRs - American Depository Receipts
ADS - Agent Distributor Service ADS provides a
custom search overseas for interested and qualified foreign
representatives on behalf of a U.S. exporter. Officers abroad conduct the
search and prepare a report identifying up to six foreign prospects that
have examined the U.S. firm's product literature and have expressed
interest in representing the U.S. firm's products.
Advisory Committee on Trade Negotiations (ACTN) -
"A group appointed by the U.S. President to advise him on matters of trade
policy and related issues, including trade agreements."
Advisory Committee on Trade Policy and
Negotiations - "The ACTPN is a group (membership of 45; two-year terms)
appointed by the President to provide advice on matters of trade policy
and related issues, including trade agreements. The 1974 Trade Act
requires the ACTPN's establishment and broad representation"
AECA - Arms Export Control Act
AEF - Africa Enterprise Fund
AEN - Administrative Exception Note
AERP - Automated Export Reporting
Program
AfDB - African Development Bank
AfDF - African Development Fund
AFESD - Arab Fund for Economic and Social
Development
"Affreightment, contract of " - "An agreement by
a steamship line to provide cargo space on a vessel at a specified time
for a specified price to accommodate an exporter or importer, who then
becomes liable for payment even if he is later unable to make the
shipment."
AFREXIMBANKAfrican Export-Import Bank
Africa Project Development Facility - The APDF
seeks to accelerate development of productive enterprises sponsored by
private African entrepreneurs as a means of generating self-sustained
economic growth and productive employment in Sub-Saharan Africa. The
facility provides advisory services
African Development Bank - AfDB (French: Banque
Africaine de Developpement) provides financing through direct loans to
African member states to cover the foreign exchange costs incurred in
Bank-approved development projects in those countries. Fifty-one African
countries are member
aft - At or towards the rear of a
ship.
AFTA - ASEAN Free Trade Area
AG - "Aktiengesellschaft, Australia
Group"
Agency for International Development - "AID was
created in 1961 to administer foreign economic assistance programs of the
U.S. Government. AID has field missions and representatives in
approximately 70 developing countries in Africa, Latin America, the
Caribbean, and the Near East."
Agent/Distributor Service - "The
Agent/Distributor Service, ADS, is an International Trade Administration
(ITA) fee-based service which locates foreign import agents and
distributors."
Agrement - Agreement by one government to accept
the accreditation of an ambassador from another government.
AGRICOLA - Agricultural OnLine
Access
AGRIS - Agriculture Information
System
Agt. - "Agent, Against, Agreement"
AIB - Arab International Bank
AIBD - Association of International Bond
Dealers
AID - Agency for International
Development
AID - Agency for International
Development
Aide-Memoire - A short written summary of oral
remarks made to a foreign government representative and left with that
individual.
AIES - Automated Information Exchange
System
AIG - Airbus Industries Group
AIMS - Agriculture Information and Marketing
Services
Air Cargo Agent - A type of freight forwarder who
specializes in air cargo and acts for airlines that pay him a fee (usually
5%). The Air Cargo Agent is registered with the International Air
Transport Association (IATA).
Airbus Industries Group - "AIG is a supranational
management organization responsible for design, development, manufacture,
marketing, sales and support of selected commercial aircraft. Member
countries are France, Germany, Spain, and the United Kingdom. Airbus
Industries, G.I.E. "
Aircraft Agreement (ATCA) - "Formally known as
the ''Agreement on Trade in Civil Aircraft.'' (ATCA), this MTN agreement
is the only major sector-specific civil aircraft agreement. It establishes
a framework of rules governing the conduct of trade in civil aircraft
based on commercial"
AIST - Agency for Industrial Science
Technology
AIT - American Institute in Taiwan
AIT - American Institute in Taiwan
AKA - Ausfuhrkredit-Gesellschaft
Aktiengesellschaft - "AG (German, meaning:
""stock company"") is a corporation with a separate legal personality
which must have at least five partners. The firm name usually reflects the
activities of the company and must include ""AG."" "
ALADI - Asociacion Latinoamericana de
Integracion
ALIDE - "Association Latinoamericana de
Institutiones Financieras, de Desarrollo"
All Risks Coverage - "All Risks Coverage, a type
of marine insurance, is the broadest kind of standard coverage, but
excludes damage caused by war, strikes, and riots."
All-Risk Clause - An insurance provision that all
loss or damage to goods is insured except inherent vice
(self-caused).
AMB - Ambassador
AMCHAM - American Chamber of
Commerce
Amendments - Article XXX of the GATT Agreement
provides that amendments (that become effective upon acceptance by two
thirds of the Contracting Parties) are to be effective only for those
parties which accept them.
American Business Initiative - "The ABI, or
American Business and Private Sector Development Initiative for Eastern
Europe, emphasizes the export of American telecommunciations, energy,
environment, housing, and agriculture products and services to Eastern
European countries. "
American Depository Receipts - "ADRs are
negotiable receipts for the securities of a foreign company which are kept
in the vaults of an American bank, allowing Americans to trade the foreign
securities in the United States while accruing any dividends and capital
gains. "
American Institute in Taiwan - "The AIT is a
non-profit corporation that represents U.S. commerical, cultural, and
other interests in Taiwan in lieu of an embassy. In 1979, the United
States terminated formal diplomatic relations with Taiwan when it
recognized the People's Republic of China."
American Traders Index - "The American Traders
Index, ATI, is the U.S. and Foreign Commercial Service headquarters
compilation of individual US&FCS domestic client files, for use by
overseas posts to generate mailing lists. "
AMF - Arab Monetary Fund
amidships - At or towards the middle of a
ship.
AMS - "Agricultural Marketing Service, Automated
Manifest System"
AMSC - African Management Services
Company
amt. - Amount
AMU - Arab Maghreb Union
Andean Group - The Andean Group (Spanish: Grupo
Andino; sometimes referred to as Pacto Andino or Corporation Adino de
Fomento; formal reference is Acuerdo de Cartegana in recognition of the
Group's establishment in Cartegena in October 1969) is an association of
Latin
Andean Reserve Fund - "The Andean Reserve Fund
(Spanish: Fondo Andina de Reservas), associated with the Andean Group, was
established to strengthen the balance of payments positions of member
countries by offering credit, guarantee loans, and promoting compatibility
among members"
ANF - Arrival notification form
Anti-Dumping Clause - A tariff imposed to
discourage sale of foreign goods in the United States market at very low
prices (below foreign country's domestic market) which might hurt U.S.
manufacturers.
Antidumping - "Antidumping, as a reference to the
system of laws to remedy dumping, is defined as a converse of
dumping."
Antidumping Duty Order - "A notice issued
following final determination of sales at less than fair value and
material injury, or threat of material injury, providing for the
imposition of antidumping duties."
Antidumping Investigation Notice - The notice
published in the Federal Register announcing the initiation of an
antidumping investigation. An investigation must be initiated within 20
days of the filing of a valid petition.
Antidumping/Countervailing Duty System - "The
Antidumping/Countervailing Duty System, a part of Customs' Automated
Commercial System, contains a case reference database and a statistical
reporting system to capture data for International Trade Commission
reports on antidumping and countervailing "
AOSIS - Alliance of Small Island
States
AP - Administrative Protective Order
APAC - Auto Parts Advisory Committee
APDF - Africa Project Development
Facility
APEC - Asian-Pacific Economic
Cooperation
API - American Petroleum Institute
Appd. - Approved
Arab Bank for Economic Development in Africa -
The ABEDA (French: Banque Arabe pour le Developpement Economique en
Afrique -- BADEA) was created by the League of Arab States in November
1973 (began operations in March 1975) to promote economic and technical
cooperation between Arab and African states
Arab Cooperation Council - "The ACC was created
in 1989 to promote economic cooperation and integration. Members include
Egypt, Iraq, Jordan, and North Yemen. The ACC, partly intended as a
counterpart to Gulf Cooperation Council, was created one day subsequent to
the establishment"
Arab Trade Financing Program - "The ATFP promotes
trade among Arab countries and exports from Arab countries. The Program
was established in 1989 by the Arab Monetary Fund; headquarters are in Abu
Dhabi, United Arab Emirates. "
Arbitrage - The simultaneous buying and selling
of the same commodity or foreign exchange in two or more markets in order
to take advantage of price differentials.
Arbitrage - The practice of exchanging the
currency of one country for that of another or a series of countries to
gain an advantage from the differences in exchange rates.
Arbitration Clause - A clause in a sales contract
outlining the method under which disputes will be settled.
Arms Control and Disarmament Agency - ACDA is an
independent agency within the State Department. ACDA participates in
interagency working groups that discuss export license applications
requiring dispute resolution. ACDA is interested in dual-use license
applications from a non-proliferation
Arr. T. L. - Arranged total loss
Arrangement on Guidelines for Officially
Supported Export Credits - "The Arrangement is an international agreement
under Organization for Economic Cooperation and Development auspices
governing the conditions -- such as interest rate, repayment term, and
cash downpayment -- of medium- and long-term official export credit
"
arrest - Seizure of a ship by an authority of a
court of law either as a debt security or to prevent the ship from
departing until a dispute is settled.
ARS - African Regional Organization for
Standardization
AsDF - Asian Development Fund
ASEAN - Association of Southeast Asian
Nations
ASEAN - Association of South-East Asian
Nations
ASEAN Free Trade Area - "The Association of
Southeast Asian Nations (ASEAN) agreed in January 1992 to create a free
trade area (ASEAN Free Trade Area, or AFTA) with use of a common effective
preferential tariff. Under the agreement ASEAN members will cut tariff
rates within 15 years"
Asia Pacific Economic Cooperation - "APEC,
established in November 1989, is an informal grouping of Asia Pacific
countries that provides a forum for Ministerial level discussion of a
broad range of economic issues. APEC includes the six ASEAN countries
(Brunei, Indonesia, Malaysia, Philippine"
Asian Development Bank - "The ADB helps finance
economic development in developing countries in the Asian and Pacific area
through the provision of loans on near-market terms, with its Ordinary
Capital Resources (OCR), and on concessional terms, through the Asian
Development Fund "
Asian Development Fund - "The ADF (or AsDF), an
affiliate of the Asian Development Bank, lends funds on concessionary
terms to the Bank's least developed member countries."
Assessment - The imposition of antidumping duties
on imported merchandise.
Association of Southeast Asian Nations - "ASEAN
was established in 1967 to promote political, economic, and social
cooperation among its six member countries: Indonesia, Malaysia,
Philippines, Singapore, Thailand, and Brunei. ASEAN headquarters are in
Jakarta, Indonesia. In January 1992, ASEAN"
At. wt. - Atomic Weight
ATFP - Arab Trade Financing Program
athwartships - Across the ship or from side to
side.
ATI - "American Traders Index, Andean Trade
Initiative"
Atl. - Atlantic
ATLAS - Automated Trade Locator Assistance
Network
ATMIC - Agricultural Trade and Marketing
Information Center
ATOs - Agricultural Trade Offices
ATP - Advanced Technology Products
ATPA - Andean Trade Preference Act
ATPI - Andean Trade Preference
Initiative
AUMA - "Die Ausstellungs- und Messe-Ausschuss der
Deutschen, Wirtschaft"
Ausfuhrkredit-Gesellschaft - AKA (English: Export
Credit Establishment) is an association of German banks which provide
medium and long-term funding for exports.
Ausstellungs (Die) - und Messe-Ausschuss der
Deutschen Wirtschaft - "AUMA (German: the German Industry Council for
Exhibitions and Trade Fairs) promotes exports by bringing together
government, semiprivate, and private organizations in the coordination of
domestic and overseas trade events. AUMA is a private organization
"
Automated Broker Interface - "ABI, a part of
Customs' Automated Commercial System, permits transmission of data
pertaining to merchandise being imported into the United States. Qualified
participants include brokers, importers, carriers, port authorities, and
independent data process"
Automated Commercial System - "The Customs
Service's Automated Commercial System, ACS, is a joint public-private
sector computerized data processing and telecommunications system linking
customhouses, members of the import trade community, and other government
agencies with the Customs"
Automated Information Exchange - "AIES, a part of
Customs' Automated Commercial System, allows for exchange of
classification and value information between field units and headquarters.
"
Automated Manifest Systems - "AMS, a part of
Customs' Automated Commercial System (ACS) controls imported merchandise
from the time a carrier's cargo manifest is electronically transmitted to
Customs until control is relinquished to another segment of the ACS.
"
Automated Trade Locator Assistance Network -
"ATLAS is a Small Business Administration-sponsored, contractor-operated,
automated system which provides market research information and statistics
on world markets by SIC code (and possibly harmonized system). Indirect
access is available for businesses."
AUTOVON - Automatic Voice Network
Aux. - Auxiliary Vessel
Av. - Average
Av. disbts. - Average disbursements
AVE - Ad Valorem Equivalent
AWB - Airway Bill
The Corporacion Andina de Fomento - "CAF
(English: Andean Development Corporation) supports economic integration
among members of the Andean Group by encouraging specialization,
distribution of investments and by providing financial and technical
help."