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CHAPTER XV.

COMMERCIAL ABBREVIATIONS.

ABBREVIATIONS play an important part in business transactions, being generally used, not only in commercial correspondence, but also in all sorts of mercantile documents, as the acknowledged substitutes for certain words, phrases, or forms, and therefore considered by common consent just as binding upon the parties as the full expression of the conditions or terms thereby represented.

To know the exact meaning of the abbreviations used in his line of business is, consequently, a matter of importance to any person engaged in commerce. No theory can be available to acquire the knowledge, as new abbreviations are daily springing up with new provisions and usages, while others grow obsolete, and end by disappearing; so that it is almost impossible to form a complete and reliable code wherein all such shortenings may be registered.

Although practice is, therefore, and will ever be the best means of mastering such conventionalities, a collection of those which have been long and widely used by English business men in their general commercial operations, cannot fail, we believe, to

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prove useful and interesting. We accordingly offer the following list, arranged in alphabetical order :

FORM OF THE ABBREVIATION.

MEANING.

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A/S

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Acc/s

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Apl.

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April.
article.
arrivals.
assignment
August.
average.

bale.
balance.
bound.

bill of exchange,
brought forward.

}bought.:

book or bank.

barrel.

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bill of lading.

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bottle.
bill of parcels.
bills payable.

Bank post bill.

barque.

bills receivable

brig.

British.

brother.

bill of sale.

bushel. box.

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That is, shipping documents (bill of lading and insurance policy), to be delivered to the buyer against his acceptance of a draft, or against payment.

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