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The mean, or the average.
That's the definition of the "mean" or "average" of that group of terms.
The arithmetic mean.
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principal(in terms of math)- the amount you borrow or deposit
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
cnf
CIF
pm4
C is for cost (value before shipping) and F is for freight/shipping.
SEC
Notice of readiness
Delivered at terminal
Telegraphic Transfer.
Cargo OnBoard