Acronyms (Commerce)

APR      Annualized Percentage Rate

ASAP    As Soon As Possible

ATM      Automatic Teller Machine

BSI        British Standards Institute

CADM  Computer-Assisted Design and Manufacturing

CEO      Chief Executive Officer

CPI        Consumer Price Index

DDD      Deadline Delivery Date

ERP      Enterprise Requirement Planning

FAI        First Article Inspection

ERM    Exchange Rate Mechanism

FYI        For Your Information

LDC      Least Developed Countries

NCV      No Commercial Value

PDCA    Plan, Do, Check, Act

PLC        Public Limited Company

POS        Point Of Sale

PTO        Please Turn Over

OEM        Original Equipment Manufacturer

VAT        Value Added Tax

S.A.E      Stamped Addressed Envelope

SKU        Stock-Keeping Unit

SMC        Small and Middle-sized Companies

WWW      World Wide Web

YTD        Year-To-Date

OTC        Over The Counter

ROI          Return On Investment

OTD        On-Time Delivery

FAQ          Frequently Asked Questions

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