Abbreviations

Abbreviations - B

Posted on 10 April 2023 Category : Abbreviations

The information provided here is part of Import Export Training online

The following are the list of abbreviations commonly used in business. These abbreviations include abbreviations used in Export, abbreviations in Import, list of antonyms in shipping trade, abbreviations used in freight forwarding business and commonly used terms in customs brokering. Popularly used abbreviations in banking, commonly using tax abbreviations and other list of generally used business terms are also included in this article. If you would like to add up more abbreviations to this article which is commonly used in your region, you may write at bottom of this article. Please make sure, you are adding only ‘commonly using abbreviations’ in business, as this category is meant for import and export.

B Bale (cargo capacity)

B&O-- Business & occupation
B&P-- Budgeting & planning
B.A.F. Bunker Adjustment Factor
B.B. Below Bridges
B.L. Bill of Lading
B.P.B- Bank Post Bill
B.T.A.-- Board of Tax Appeals
B/B-- -Bid Bond
B/D Banker's Draft
B/E Bill of Entry
B/E Bill of Exchange
B/E- -Breakeven
B/L Ton -Bill of Lading Ton
B/N Booking Note
B/P Bills payable
B/R- Bills Receiveble
B/rec} Bills receivable
B/S Bill of Sale
B/S Bunker Surcharges
B2B – Business to Business

B2C – Business to Consumer
BAB--Build America Bonds
BACAT Barge aboard catamaran
BACS Banker's Automated Clearing System
BAEC - British Agricultural Export Council
BAF Bunker (Fuel) Adjustment Factor
BAF -Bunker Adjustment Factor
BAF Bunker adjusting factor (freight)
BAF Bunkerage Adjustment Factor on shipping rates
BAFT - Bankers’ Association for Finance &
BAH--Basic allowance for housing
BALLAST BONUS Compensation for relatively long ballast voyage
BAN--Bank anticipation notes
BAPCPA--Bankruptcy Abuse Prevention and Consumer Protection Act of 2005
BARIMO - Bovine Animals (Records, Identification and Movement) Order 1995
BAS - Beef Assurance Scheme
BAT--Business activity tax
BAU Business As Usual
Bb Bareboat
BB Bill Book
BBB Before Breaking Bulk
BBS---British Standard Specification
BC - Business Correspondent
BCBS - Basel Committee on Banking Supervision
Bcfd--Billion cubic feet per day
BCL Bank Capability (or Comfort) Letter
BCN Bankers Cover Note
BCP - Business Continuity Planning
BCSBI- Banking Codes & Standard Board of India
BD Bond
Bd Bond

BDC--Business Development Company

BDF--Beneficiary designation form
BDI Both Dates Inclusive
BE - Budget Estimates
BE Both Ends ( Load and discharge ports)
BEA British Exporters Association
BEA--Bureau of Economic Analysis
BEAM The maximum breadth or the greatest width of a ship
BE--Beneficiary
BEF Belgian Franc
BEG BEGinning
BEIT--Business enterprise income tax
BELOW Beneath the deck
BENDS Both Ends (Load & Discharge Ports)
BET--Business entity tax
BF - Business Facilitator
BF Back Freight for goods being returned to point of origin
BFA Boao Forum for Asia
BFP--Bona fide purchaser
BFS - Board for Financial Supervision
BFSI - Banking Financial Services and Insurance
BG Bank Guarantee
BHC--Bank holding company
BHP Brake Horse Power
BI Both Inclusive
BIA Built-In Agenda
BIBF Bangkok International Banking Facilities.
BI--Business intelligence
BIC&P Bureau of Industrial Costs & Prices
BID--Business improvement district
BIFA - British International Freight Association
BIFR- Board for Industrial and Financial Reconstruction
BIMCO The Baltic and International Maritime Conference
BIMCO The Baltic and International Maritime Council
B--Individual
BIP - Border Inspection Post
BIS – Bank for International Settlement
BISD Basic Instruments and Selected Documents (WTO)
BISNET Business Information Service for the Newly Independent States (U.S. Commerce Department)
BIT Bilateral Investment Treaty
BKG Breakage
Bkg Breakage
Bkg-Banking
BKGE Brokerage
Bkge Brokerage
BL Bale
BL Bulk Licence to cover a trading period, or value
BLADVI---Bill of lading Advice
Bl- Bale, Barral
BLCO Bonny Light Crude Oil
BLIPS--Bond linked issue premium structure
BLM--Bureau of Land Management
BLR Bank Letter of Readiness
BLS--Bureau of Labor Statistics
BM Beam
BMF--Business master file
BMM British Marine Mutual
BMP - Basic Management Programme
BOB Bunker on Board
BOC Bank of China
BOE--Bank of England
BOFFER Best Offer
BOFT Board of Foreign Trade (of Taiwan)
BOJ Bank of Japan. Japan's central bank.
BOL--Bill of lading
BOMA--Building Owners and Managers Association International
BOM--Bill of materials
BOND guarantee to customs for payment of duty or tax
BoP - Balance of Payments
BOP- Balance of Payment
BOP--Businessowner's policy
BOT Build, Operate and Transfer
BOT- Balance of Trade
BOT 1. Bank of Thailand. Thailand's central bank.
BOTB British Overseas Trade Board
BOV--Broker's opinion of value
BOW The forward part of a ship
Box Everyday term for container (or boxed vessel)
BOY--Beginning of year
BPA--Blanket purchase authoriation
BPD--Barrels per day
BPD--Bureau of the Public Debt
BPLR - Benchmark Prime Lending Rate
BPM5 Balance of Payments Manual, fifth edition
BPM--Business performance management
BPM--Business process management
BPML--Business process modeling language
BPO--Bargain purchase option
BPO--Broker price opinion
BPO--Budget process outsourcing
BPO--Business process optimization
BPR--Business Performance Review
BPRD Bureau of Police Research & Development
BPSD Balance of Payments Division,
BPSS - Board for Regulation and Supervision of
BR Bills Received
Br Breadth
BR British Railways
Br.ld. Break load
BRC--Business reply card
BRE--Business reply envelope
BRGDS Best ReGarDS
BRIC--Brazil, Russia, India, and China
BRICS--Brazil, Russia, India, China, and South Africa
BROB Bunkers Remaining On Board
Brt Gross tonnage

BRU Business Recovery Unit

BS - British Standards
BS Bill of Sight used for Customs declaration when the importer is unable to furnish all documents
Bs/L Bills of Lading
BSA - Bilateral Swap Arrangements
BSA--Bank Secrecy Act of 1970 (also known as the Currency and Foreign Transactions Reporting Act)
BS--Balance sheet
BSC British Shippers Council
BSCS Basel Committee on Banking
BSE - Bombay Stock Exchange, Mumbai
BSE - Bovine Spongiform Encephalopathy
BSE-Bombay Stock Exchange
BSI British Standards Institution
BSM--Black-Scholes-Merton
BSM--Business Systems Modernization
BSO--Business services online
BSR - Basic Statistical Returns
BSR Basic Statistical Returns
BSRA Basic Service Rate Additional
BSS British Standard Specification
BST British Summer time
BT Berth Terms
BTA Border Tax Adjustment
BT---Berth Term
BTC - Bankers’ Training College
BTCF--Before tax cash flow
BTM -Bridge Team Management
BTN Brussels Tariff Number (obsolete)
BTN---Brussels Tariff Nomenclature
B-to-B--Business to business
B-to-C--Business to consumer
BTP Bio Technology Park
BTT--Business transfer tax
BULKHEAD A vertical partition separating compartments
BV Bureau Veritas
BVA - British Veterinary Association
BV--Book value (also B/V)
BWAD Brackish Water Arrival Draft
BWH--Backup withholding
BWT---Bonded Warehouse Transaction

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The above are the list of abbreviations commonly used in business. These abbreviations include abbreviations used in Export, abbreviations in Import, list of abbreviations in shipping trade, expansions used in freight forwarding business and commonly used terms in customs brokering. Popularly used abbreviations in banking, commonly using tax abbreviations and other list of generally used business terms are also included in this article. If you would like to add up more abbreviations commonly used in your region, you may write such enlargements below. Please make sure, you are adding only ‘commonly using abbreviations’ in business, as this category is dealt with international trade.

The above information is a part of Export Import Training online

Abbreviations - B

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