The mean, or the average.
That's the definition of the "mean" or "average" of that group of terms.
The arithmetic mean.
.
If you mean 74/80 then it is 37/40 in its lowest terms
I am looking what does mean PAD in Shipping freight terms
it means to take care of the shipping and respect the terms
CIS: Chinese International Shipping
CIF
cnf
pm4
SEC
Telegraphic Transfer.
Notice of readiness
Delivered at terminal
Cargo OnBoard
C is for cost (value before shipping) and F is for freight/shipping.