外贸英语术语解释(英文版).docVIP

TermDefinitionAAbandonmentThe act of relinquishing claim or right to propertyAboutAbout, Approx., and Circa are terms which when used in a letter of credit, are construed to allow a difference not to exceed 10% more or 10% less than the monetary amount, or the quantity, or the unit price stipulated in the letter of credit.Absolute AdvantageAn advantage of one nation or area over another in the costs of producing an item in terms of used resources.Absorption1. An economic term for the total expenditures by a nations residents on goods and services.2. The assumption by one carri