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Acronyms and Abbreviations Commonly Used in International Business Transactions A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z AAA American Arbitration Association AAEI American Association of Exporters & Importers ACDA Arms Control & Disarmament Agency ACE Automated Commercial Environment ACEP Advisory Committee on Export Policy ACH Automated Clearinghouse ACS Automated Commercial System ADB Asian Development Bank ADD Anti-dumping duty ADS Agent Distributor Service AECA Arms Export Control Act AES Automated Export System AFT Bureau of Alcohol, Tobacco and Firearms AG Australia Group AID Agency for International Development ANSI American National Standards Institute APEC Asian-Pacific Economic Cooperation APHIS Animal and Plant Health Inspection Service ASEAN Association of Southeast Asian Nations AT Anti-Terriorism ATA Carnet "Admission Temporaire-Temporary Admission" Carnet AWB Air Waybill BATF Bureau of Alcohol, Tobacco and Firearms B/E Bill of Exchange BEA Bureau of Economic Analysis BEET Business Executive Enforcement Team BENELUX Belgium, Netherlands, Luxembourg BFP Bona Fide Purchaser BIS Bank for International Settlements BIS Bureau of Industry and Security (Previously "BXA") BISNIS Business Information
Services for Newly BIT(s) Bilateral Investment Treaty(ies) B/L Bill of Lading BOP Balance of Payments BOT Balance of Trade BSA Bilateral Steel Agreement BTN Brussels Tariff Nomenclature C.A.F. Currency Adjustment Factor CBERA Caribbean Basin Economic Recovery Act CBI Caribbean Basin Initiative CBM Chemical, Biological and Missile Non-Proliferation CBW Chemical and Biological Weapons CC Crime Control CCC Commodity Credit Corporation Customs Cooperation Council CCCN Customs Cooperation Council Nomenclature CCL Commerce Control List; formerly Commodity Control List CD-ROM Compact Disc—Read Only Memory CDT Center for Defense Trade CE Mark Conformite Europeen CET Common External Tariff CF Customs Form C&F Cost and Freight CFC Controlled Foreign Corporation CFR Code of Federal Regulations CFTA Canadian Free Trade Agreement C.I. Cost and Insurance CIA Central Intelligence Agency CIB Council for International Business (arbitration) CIF Cost, insurance and freight C.I.F.& C. Cost, Insurance, freight, and commission C.I.F.C.I. Cost, insurance, freight, commission, and interest C.I.F.I.&E. Cost, insurance, freight, interest, and exchange. CIMS Commercial Information Management Systems CIP Carriage and Insurance Paid CIS Commonwealth of Independent States CISG Convention on Contracts for the International Sale of Goods CIT Court of International Trade CIV Civilian License Exception CJR Commodity Jurisdiction Request CMP Country Marketing Plan CNUSA Commercial News USA COCOM Coordinating Committee on Multilateral Export Controls C.O.D. Collect (cash) on delivery COE Council of Europe COGSA Carriage of Goods by Sea Act COMECON Council for Mutual Economic Assistance COMEX Commodity Exchange Inc. (futures contracts) CPT Carriage Paid To CT Countertrade CVD Countervailing Duty CWC Chemical Weapons Convention CXT Common External Tariff D/A Documents Against Acceptance DAF Delivered at Frontier DDU Delivered Duty Unpaid DDP Delivered Duty Paid DDTC Directorate of Defense Trade Controls (Previously "ODTC") DEC District Export Council DEQ Delivered Ex Quay DES Delivered Ex Ship DISC Domestic Industrial Sales Corporation DOA Department of Agriculture DOC Department of Commerce (U.S.) DOD Department of Defense (U.S.) DOE Department of Energy (U.S.) DOI Department of the Interior (U.S.) DOL Department of Labor (U.S.) DOS Department of State DOT Department of Transportation D/P Documents Against Payment DPL Denied Persons List DTAG Defense Trade Advisory Group DTC Defense Trade Controls DTRA Defense Threat Reduction Agency DTSA Defense Technology Security Administration
EAA Export Administration Act EAC Export Assistance Center EAR Export Administration Regulations EBB Economic Bulletin Board EBRD European Bank for Reconstruction and Development EC European Community ECCN Export Control Classification Number; ECD Exporter Counseling Division ECU European Currency Unit EDC Export Development Corporation EE Export Enforcement EEA European Economic Area EEBIC Eastern Europe Business Information Center EEC European Economic Community EFT Electronic Funds Transfer EFTA European Free Trade Association EI Encryption Item EIB European Investment Bank EIN Employer Identification Number ELAIN Electronic License Application and Information Network ELAN Export Legal Assistance Network ELISA Export License Status Advisor ELVIS Export License Voice Information System EMC Export Management Company EMS European Monetary System Export Management System EMU European Monetary Union EO Executive Order EOTC European Organization for Testing and Certification EP European Parliament EPA Environmental Protection Agency EPCI Enhanced Proliferation Control Initiative ERIC Electronic Request for Item Classification ERLC Export Revolving Line of Credit ERM Exchange Rate Mechanism ESPIRIT European Strategic Program
for Research ETC Export Trading Company ETD Estimated Time of Departure ETSI European Telecommunications Standards Institute EU European Union EXIM BANK Export-Import Bank of the United States EXPAT Expatriate EXW Ex Works F FAA Federal Aviation Administration FAC Foreign Assets Control FAS Foreign Agricultural Service FBP Foreign Buyer Program FCA Free Carrier FCIA Foreign Credit Insurance Association FCPA Foreign Corrupt Practices Act FDA Food and Drug Administration FDIC Federal Deposit Insurance Corporation FEMA Federal Emergency Management Agency FET Foreign Economic Trends F.M.C. or FMC Federal Maritime Commission FMS Foreign Military Sales FMV Foreign Market Value FOB Free on Board FOIA Freedom on Information Act FOREX Foreign Exchange FPA Free of Particular Average FPFO Fines, Penalties and Forfeitures Officer FPFS Fines, Penalties, and Forfeitures System FRA Forward/Future Rate Agreement FSC Foreign Sales Corporation FSN Foreign Service National FSO Foreign Service Officer FTA Free Trade Agreement/Area FTC Federal Trade Commission FTI Foreign Traders Index FTO Foreign Trade Organization FTSR Foreign Trade Statistics Regulations FTZ Foreign Trade Zone FTZA Foreign Trade Zone Act FTZB Foreign Trade Zone Board F/X Foreign Exchange G G/A General Average GAO General Accounting Office GATT General Agreement on Tariffs and Trade G-DEST General License-Destination GDP Gross Domestic Product GEM Global Export Manager GL General License GLV General License-Shipments of Limited Value GmbH Gesellschaft mit beschrankter Haftung GNP Gross National Product GO General Order GOV License Exception on exports to U.S. government organizations. GPO Government Printing Office (U.S.) G.R.I. General Rules of Interpretation GSP Generalized System of Preferences G-TEMP General License – Temporary Export GTDA General License – Technical Data GTDR General License – Technical Data Restricted GTF-U.S. General License – Goods
Imported for G-5 Group of Five G-7 Group of Seven GUS General License – Shipments to
Personnel and H HAWB House Air Waybill HAZMAT Hazardous Materials H/H House to House H/P House to Pier H.P. Horsepower HPC High Performance Computer HS Harmonized System HTS Harmonized Tariff Schedule HTSUS Harmonized Tariff Schedule of the U.S. HWA Hold Without Action I IAEA International Atomic Energy Agency IAEL International Atomic Energy List IATA International Air Transport Association IBRD International Bank for Reconstruction and Development IBF International Banking Policy IBOR Interbank Offered Rate ICA International Cocoa Agreement ICAO International Civil Aviation Organization ICC International Chamber of Commerce ICP Internal Control Program ICSID International Center for the Settlement of Investment Disputes IDA International Development Association IDB Inter-American Development Bank IDCA International Development Cooperation Agency IEA International Energy Agency IEEPA International Emergency Economic Powers Act IEPG Independent European Program Group IESC International Executive Service Corps IFAC Industry Functional Advisory Committee IFAD International Fund for Agricultural Development IFC International Finance Corporation ILO International Labor Organization IMF International Monetary Fund IMI International Market Insight IML International Munitions List IMO International Maritime Organization INC. Incorporated INS Immigration and Naturalization Services INTELSAT International Telecommunications Satellite Organization IPR International Property Rights IRS Internal Revenue Service ISA Industry Sub-sector Analysis ISAC Industry Sector Advisory Committee ISC Intermodal Service Charge ISO International Standards Organization ITA International Tin Agreement ITAR International Traffic in Arms Regulations ITC International Trade Commission ITDS International Trade Data System IVL Individual Validated License J JCIT Joint Committee For Investment and Trade JDB Japan Development Bank JEIC Japan Export Information Center JETRO Japan External Trade Organization JEXIM The Export-Import Bank of Japan JICA Japan International Cooperation Agency K KG Kommanditgesellschaft KGS or Kilo(s) Kilogram(s) KK Kabushiki Kaisha L LAFTA Latin American Free Trade Association LAIA Latin American Integration Association L/C Letter of Credit LCIA London Court of International Arbitration LCL, L.C.L. Less Than Container Load LDC Less Developed Country LDCs Least Developed Countries LEAP License Enforcement Action Plan LIBID London Interbank Bid Rate LIBOR London Interbank Offered Rate LIFFE London International Financial Futures Exchange LLC Limited Liability Company LLDCs Lesser Developed Countries LO Licensing Officer LOC Letter of Credit LOI Letter of Indemnity Ltd. Limited Ltda. Limitada LTL Less than Truckload LVS Low Value Shipment License Exception M MAC Market Access & Compliance MDB Multilateral Development Bank MFA Multi-Fiber Arrangement MFN Most Favored Nation Treatment (now called Normal Trade Relations) MHW Ministry of Health and Welfare MIF Multilateral Investment Fund MIGA Multilateral Investment Guarantee Agency MIPRO Manufactured Imports Promotion Organization MITI Ministry of International Trade and Industry ML Munitions List MLA Manufacturing License Agreement MOF Ministry of Finance MOFTEC Ministry of Foreign Economic Trade and Economic Cooperation MOFERT Ministry of Foreign Economic Relations and Trade MOU Memorandum of Understanding MRA Mutual Recognition Agreement MT Marine Terminal MTAG Missile Technology Advisory Group MTCR Missile Technology Control Regime MTEC Missile Technology Export Control Group MTN Multilateral Trade Negotiations MTO Multinational Trade Organization N N/A Not Applicable NAEC National Association of Export Companies NAFTA North American Free Trade Agreement NATO North Atlantic Treaty Organization N.E.S. Not Elsewhere Specified N.E.S.O.I. Not Elsewhere Specified or Indicated NICs Newly Industrializing Countries NLR No License Required NMEs Nonmarket economies NMT Office of Nuclear and Missile Technology Controls NNPA Nuclear Non-Proliferation Act NNPT Nuclear Non-Proliferation Treaty NO. Number N.O.I.B.N. Not otherwise indexed by number
N.O.S. Not otherwise specified
NP Nuclear non-proliferation
NPT Nuclear Non-Proliferation Treaty
NRA Non-Resident Alien Individual
NRC Nuclear Regulatory Commission
NRL Nuclear Referral List
NS National Security
NSA National Security Agency
NSC National Security Council
NSD National Security Directive
NSG Nuclear Suppliers Group
NSO National Security Override
NTB Non-Tariff Barrier
NTDB National Trade Data Bank
NTE National Trade Exports Report
New-to-Export
NTM New To Market
NTR Normal Trade Relations
NVOCC Non-Vessel Operating Common Carrier O O/A Open Account
OAC Office of Anti-boycott Compliance
OAPEC Organization of Arab Petroleum Exporting Countries
OAS Organization of American States
OAU Organization of African Unity
O.B.L.
(shipping) Ocean Bill of Lading
OBR Oversees Business Report
OBU Offshore Banking Unit OECD Organization for Economic Cooperation and Development
OEE Office of Export Enforcement
OEL Office of Export Licensing
OEXS Office of Export Services
OFAC Office of Foreign Assets Control
OIC Organization of the Islamic Conference
OMC Office of Munitions Control
OPEC Organization of Petroleum Exporting Countries
OPIC Overseas Private Investment Corporation
OSHA Occupied Safety and Health Administration P P/A Power of Attorney
PCT Patent Cooperation Treaty
PEC President's Export Council
PEFCO Private Export Funding Corporation
POA Power of Attorney
PP Purchase Price
P.P. Prepaid (Freight must be prepaid)
P/P Pier to Pier
P.R.C. People's Republic of China – Mainland China
PSV Post-Shipment Verification
PT 20 Per 20 Foot Trailer (Container)
PT 40 Per 40 Foot Trailer (Container)
PTA Preferential Trade Agreement
For Eastern and Southern Africa
PU&D Pick-up and Delivery
Q QRs Quantitative Restrictions R RBPs Restrictive Business Practices
R&D Research and Development
ROC Republic of China – Taiwan
RFP Request for Proposal
RFQ Request for Quotation
RoRo Roll-on, Roll-off
R.R. Railroad
RS Regional Stability
RWA Returned Without Action
S S.A. Sociedad Anonima
Societe Anonyme
SADC Southern Africa Development Community
SBA Small Business Association
SACU Southern African Customs Union
SCL Special Comprehensive License
SCO Senior Commercial Officer
SDN Specially Designated National
SDRs Special Drawing Rights
SDT Specially Designated Terrorist
SEA Single European Act
SEC Securities and Exchange Commission
Special Equipment Compensation
SED Shipper's Export Declaration
SEED Support for East European Democracy
SFSC Shared Foreign Sales
SIC Standard Industrial Classification
SLI Shippers Letter of Instruction
SITC Standard International Tariff Classification
SM Service Mark
SNAP Simplified Network Application Process
SPAC Services Policy Advisory Committee
S.R. & C.C. Strikes, Riots and Civil Commotion Warranty
S.R.L. Societa a Responsabilita Limitada
SS Short Supply
STELA System for Tracking Export License Applications
STM State Trade Mission
T TA Trade Assistant
TAA Trade Adjustment Assistance
Technical Assistance Agreement
TAAC Trade Adjustment Assistance Center
TAC Technical Advisory Committee
TACM Transit Air Cargo Manifest
TAPO Trade Assistance and Planning Office
TCC Trade Compliance Center
TCI Third Country Initiative
TCMD Third Country Meat Directive
TDA Trade Development Agency
TDO Table of Denial Orders
Temporarily Denial Order
TDP Trade and Development Program
TEC or CXT Tarif Exterieur Common
(common external tariff)
TEU (shipping) Twenty foot equivalent unit. A forty foot container is equal to two (2) TEU'S.
TFC Trade Fair Certification
TIA Travel Industry Association of America
TIB Temporary Importation under Bond
TIC Trade Information Center
TIEA Tax Information Exchange Agreement
THC Terminal Handling Charge
T.L. (shipping) Truckload
T.M. (shipping) Traffic Manager
TM Trademark
Trade Mission
TMP Temporary Export License Exception
TNC Trade Negotiations Committee
TOP Trade Opportunities Program
TPC Trade Policy Committee
TPCC Trade Promotion Coordinating Committee
TPIS Trade Policy Information System
TPM Trigger Price Mechanism
TPRG Trade Policy Review Group
TPRM Trade Policy Review Mechanism
TRA Trade Reference Assistant
TRIMs Trade-Related Investment Measures
TRIPs Trade-Related Aspects of Intellectual Property Rights
TRO Temporary Restraining Order
TS Trade Specialist
TSR Technology and Software Restricted License Exception
TSU Technology and Software Unrestricted License Exception
TSUSA Tariff Schedules of the United States Annotated
TT Tested Telex
TWEA Trading With the Enemy Act U UBO Ultimate Beneficial Owner
UCC Uniform Commercial Code
UCP Uniform Customs and Practices
UCPDC Uniform Customs and Practice for Documentary Credits
U.K. United Kingdom
UN United Nations
UNCDF United Nations Capital Development Fund
UNCITRAL United Nations Commission on International Trade Law
UNCSTD United Nations Conference on Science and Technology for Development
UNCTAD United Nations Conference on Trade and Development
UNDP United Nations Development Program
UNDRO United Nations Disaster Relief Organization
UNEP United Nations Environment Program
UNESCO United Nations Educational, Scientific, and Cultural Organization
UNHCR United National High Commissioner for Refugees
UNICEF United Nations International Children's Emergency Fund
UNIDO United Nations Industrial Development Organization
UNITAR United Nations Institute for Training and Research
UNRISD United Nations Research Institute for Social Development
UNRWA United Nations Relief and Works Agency
UNS United Nations Sanctions
URC Uniform Rules for Collection U.S. or U.S.A. United States of America
US&FCS United States and Foreign Commercial Service
USC United States Code
USCS United States Customs Service
USD/US$ United States Dollar
USDA U.S. Department of Agriculture
USDIA U.S. Direct Investment Abroad
USEC U.S. Mission to the European Communities
USGPO U.S. Government Printing Office
USIA U.S. Information Agency
USIS United States Information Service
USITC United States International Trade Commission
USML U.S. Munitions List
USTDA U.S. Trade and Development Agency
USTR United States Trade Representative
USTTA United States Travel and Tourism Administration
USUN U.S. Mission to the United Nations V VAT Value-Added Tax
VER Voluntary Export Restriction
VRA Voluntary Restraint AgreementqqqqqqW-X-Y-Z W Ton of 1000 kilos
WA With Average
Wassenaar Arrangement
W/B Waybill
WFG Wharfage
W/ With
WIPO World Intellectual Property Organization
WMD Weapons of Mass Destruction
WMO World Meteorological Organization
W/O Without
WTC World Trade Center
WTDR World Traders Data Report
WTO World Tourism Organization World Trade Organization |
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