| A.B.S. |
American Bureau of Shipping |
| A.C. |
Account, American Conditions |
| A.C.W.R.R.E. |
American Cargo War Risks Reinsurance Exchange |
| Ad Valorem |
According to value |
| A.G.W.I. |
Atlantic Gulf and West Indies |
| A.H.F. |
American Hull Form |
| A.H.I.S. |
American Hull Insurance Syndicate |
| A.I.M.A. |
As interest may appear |
| A.I.T.H. |
American Institute Time Clauses (Hulls) |
| A.O.A. |
Any one accident |
| A.O.B. |
Any one bottom |
| A.O.L. |
Any one loss or Any one location |
| A.O.V. |
Any one vessel |
| A.P. |
Additional Premium |
| A.P.L. |
As per list (Lloyd's Shipping Index) |
| A.R. |
All Risks |
| A.T.C. |
Automatic Termination Clause (War Risks) |
| Aux |
Fitted with auxiliary engine |
| AWB |
Airway Bill |
 To the top of the page |
| BDI |
Both days inclusive |
| B.I. |
Business Interruption or Bodily Injury |
| B.L. or B/L |
Bill of Lading |
| B.O.V. |
Basis of Valuation |
| B.D.I. |
Both days inclusive |
| BDLS |
Bundles |
| B.N.A. |
British North America |
| B.O.C. |
Breach of Contract, Bulk Oil Clauses |
| To the top of the page |
| C. & F. |
Cost and Freight |
| C.C. |
Civil Commotions, Cancelling Clause, Collecting Commission, Classification Clause, Continuation Clause |
| C.D. or C/D |
Country damage |
| C.G.M.E. |
China, Glass, Marble and Earthenware |
| CGO |
Cargo |
| CF |
Cost and Freight |
| C.I.F. |
Cost, Insurance and Freight |
| C.K.D. |
Completely Knocked down |
| CMR |
International carriage of goods by road |
| C.N. |
Cover Note |
| COGSA |
Carriage of Goods at Sea Act (US) |
| C.P. |
Charter Party |
| C.P.A. |
Claims Payable Abroad |
| C.R.O. |
Cancelling returns only |
| C.T.C. F.P.A. |
Corn Trade Clauses F.P.A. |
| C.T.L. |
Constructive Total Loss |
| To the top of the page |
| D.A. |
Deductible Average |
| D.B.B. |
Deals, Battens and Boards |
| D.D. |
Damage done, Dry Dock |
| D.P.R. |
Daily pro rata |
| D.T.B.A. |
Date to be advised |
| D.V.C. |
Dual Valuation Clause |
| D.W.T. |
Deadweight |
| To the top of the page |
| E. & E.A. |
Each and every accident |
| E. & E.L. |
Each and every loss |
| E. & E.O. |
Each and every occurrence |
| E.C. |
East Coast, English Conditions, Extended coverage |
| E.P.I. |
Earned Premium Income |
| E.S.D. |
Echo Sounding Device |
| E.V. |
Equal values, Each Vessel |
| To the top of the page |
| F.A.A. |
Free of all average |
| F. & D. |
Freight and Demurrage |
| F.A.S. |
Free alongside |
| F.C.A.R. |
Free of claim for accident reported |
| F.C. & S. |
Free of capture and seizure (Excludes War) |
| F.C.V. |
Full Completed (or Contract) Value |
| F.D.O. |
For declaration purposes only |
| F.I.A. |
Full interest admitted |
| F.I.O. |
Free in and out |
| F.O.B. |
Free on board |
| F.O.C. |
Flags of Convenience, Free of Cost, Free of Claims |
| F.O.D. |
Free of Damage |
| F.O.M. |
Flag ownership, or management |
| F.O.R. |
Free on Rail |
| F.P.A. |
Free of Particular Average |
| F.P.I.L. |
Full Premium if Lost |
| F.R.O. |
Fire Risk Only |
| FRT |
Freight |
| F.W.D. |
Freshwater Damage |
| To the top of the page |
| G.A. |
General Average |
| G.M.T. |
Greenwich Mean Time UTC |
| G.N.P.I. |
Gross Nett Premium Income |
| G.P.I. |
Gross Premium Income |
| G.O.R. |
Gross Original Rate |
| G.R.T. |
Gross Registered Tonnage |
| To the top of the page |
| H.C. or H/C |
Held Covered |
| H and O |
Hook and Oil Damage |
| HSSC |
Heating, sweating, spontaneous combustion |
| HWD |
heavy weather damage |
| To the top of the page |
| I. and/or O. |
In and/or Over, Under and/or on Deck |
| I.C.C. |
Institute Cargo Clauses |
| I.L.U. |
Institute of London Underwriters |
| INS VAL |
Insured value |
| I.O.P. |
Irrespective of Percentage |
| I.T.C. |
Institute Time Clauses |
| I.V. |
Increased Value, Inherent Vice |
| To the top of the page |
| J. & W.O. |
Jettison and Washing Overboard |
| J.C.C. |
Joint Cargo Committee |
| J.H.C. |
Joint Hull Committee |
| To the top of the page |
| LCL |
Less container load |
| L.H.W.C.A. |
Longshoremen's and Harbour Workers Compensation Act |
| LTL |
Less truck load |
| L.O.A. |
Length Overall |
| L.O.H. |
Loss of Hire |
| L.P.S.O. |
Lloyd's Policy Signing Office |
| L.R. |
Lloyd's Register |
| Ltr |
Lighter |
| Ltrg |
Lighterage |
| L.U.A. |
Lloyd's Underwriters Association |
| L.U.R. |
Lay-Up Return |
| To the top of the page |
| M.D. or MALD |
Malicious Damage |
| M.I.A. |
Marine Insurance Act |
| Mindep. |
Minimum and Deposit Premium |
| M.S. |
Motor Ship |
| MV or M/V |
Motor Vessel |
| To the top of the page |
| N.A. |
Nett Absolutely m- no deductions from gross premium |
| N.C.A.D. |
Notice of Cancellation at Anniversary Date |
| N.C.R. |
No Claim return |
| N.D. |
Non-Delivery, No Discount |
| N.E. |
Not Exceeding, North East |
| N.M. |
Non-Marine |
| N.N.H. |
Not North of Hatteras |
| N.P. |
Nett Premium, Named Perils |
| N.R.A.D. or N.R.A.L. |
No Risk after Discharge / Landing |
| N.R.T.O. R. |
No risk attached until on Rail |
| N.R.T.W.B. |
No risk attached until Waterbourne |
| N.R.L. |
Nett Retained Line |
| N.U.R. |
Not Under Repair |
| To the top of the page |
| O.C. |
Open Contract, Open Cover, Off Cover, Original Condition |
| O.C.A. |
Outstanding Claims Advance |
| O.D. |
On Deck |
| O.G.P. |
Original Gross Premium |
| O.G.R. |
Original Gross Rate |
| O.N.P. |
Original Nett Premium |
| O.N.R. |
Original Nett Rate |
| O.R. |
Original Rate, Overriding Commission |
| O.S. |
Outstanding |
| To the top of the page |
| P.A. |
Particular Average, Per Annum |
| P.C. |
Profit Commission |
| P.D. |
Property Damage |
| P.E. |
Personal Effects |
| P. & I. |
Protection and Indemnity Risks |
| P.I. |
Personal Injury, Premium Income |
| P.L. |
Public Liability, Partial Loss |
| P.P. |
Professionally Packed |
| P.P.I. |
Policy Proof of Interest |
| P.R. |
Pro rata |
| Protest |
A sworn statement by captain after an accident |
| P.T. |
Premium Transfer |
| To the top of the page |
| Q.S. |
Quota Share |
| To the top of the page |
| R. & C.C. |
Riots and Civil Commotions |
| R.D.C. |
Running Down Clause (Collision Clause) |
| R.I. |
Reinsurance |
| RNASX |
Renew as expiring |
| R.R.I. |
Respective Rights and Interests |
| R.O.D. |
Rust, Oxidization and Discolouration |
| RoRo |
Roll on Roll off - Drive on service loading vessel |
| R.P. |
Return Premium |
| R.T.B.A. |
Rate to be agreed |
| R.F.W. |
Rain and Freshwater |
| To the top of the page |
| S.A. |
Subject Approval, South Africa, South America, Salvage Association (London) |
| S.A.N.R. |
Subject to Approval (usually of leading Underwriters) No Risk |
| S.A.P.L. |
Sailed as per Lloyd's List |
| S.C. |
Salvage Charges, Spontaneous Combustion |
| S.D. |
Steel Diesel, Short Delivery |
| S.G. |
Ship and Goods |
| S.L. |
Sue and Labour charges |
| S.O.L. |
Shipowners' Liability |
| S.R. & C.C. |
Strikes, Riots and Civil Commotions |
| S.R.L.L. |
Ship Repairers' Legal Liability |
| S. of S. |
Service of Suit Clause |
| S.V. |
Sailing Vessel |
| To the top of the page |
| TB |
Twisting Bending |
| T.C.H. |
Time Charter Hire |
| T. or C.T.L. |
Total or Constructive Total Loss |
| T.C.A. |
Comp Total or Constructive or Arranged or Compromised |
| T.L.V.O. |
Total Loss of Vessel Only |
| T.P.L. |
Third Party Liability |
| T.P. & N.D. |
Theft, Pilferage and Non-Delivery |
| T.O.R. |
Time on Risk |
| T.S. |
Transhipment |
| T.T.F.C. |
Timber Trade Federation Clauses |
| To the top of the page |
| U.C.B. |
Unless Caused By (the vessel being stranded, sunk, burnt, on fire or in collision) |
| U.D. |
Under Deck |
| U.E.P. |
Unearned Premium |
| U.K.C. |
(B/H) United Kingdom and/or Continent of Europe Bordeau - Hamburg range. |
| U.N.L. |
Ultimate Nett Loss |
| U.R. |
Under Repair |
| U.S. Ad. (Pac.) |
United States Atlantic (Pacific) |
| USL&HWCA US |
Longshoremen's and Harborworkers Compensation Act |
| U.S.N.H. |
United States North of Hatteras |
| U.S.S.A. |
United States Salvage Association |
| To the top of the page |
| V.C. |
Valuation Clause |
| V.M.M. |
Vandalism and Malicious Mischief |
| V.O.P. |
Valued as in original Policy |
| To the top of the page |
| W.A. |
With Average |
| W.B.S. |
Without Benefit of Salvage |
| W.C. |
West Coast |
| W.C.A. |
Workmen's Compensation Act |
| W.C.S.A. |
West Coast of South America |
| W.D.F. |
Wireless Direction Finder |
| W.E.F. |
With Effect From |
| W.O. |
Washing Overboard |
| W.P. |
Without Prejudice |
| W.P.A. |
With Particular Average |
| W.R.O. |
War Risks Only |
| W.W. |
Worldwide |
| To the top of the page |
| X.L. |
Excess Loss |
| XS |
Excess |
| To the top of the page |
| Y.A.R. |
York Antwerp Rules |
