216 Abbreviations for Commerce Students

This list of abbreviations has been compiled keeping in view the level expected from a senior school student, his interest, his knowledge etc.

The purpose here is also to facilitate the understanding of new subject matter and to create interest in the students to learn more at their own pace with own understanding and exploration.

1ASSOCHAMAssociated Chambers of Commerce and Industry of India
2agcy.Agency
3agt.Agent
4asst.Assistant
5a/c.Account
6afaik.As far as I know
7ADRAmerican Depository Receipt
8AIMAAll India Management Association
9AMULAnand Milk Union Limited
10ASAPAs Soon As Possible
11B2BBusiness to Business
12B2CBusiness to Consumer
13B2GBusiness to Government
14BISBureau Of Indian Standards
15BPOBusiness Process Outsourcing
16BELBharat Electronics Ltd.
17BHELBharat Heavy Electricals Ltd.
18BIFRBoard for Industrial and Financial Reconstruction
19BEPBreak Even Point
20BSEBombay Stock Exchange
21BPLBritish Physical Laboratories
22BMWBayerische Motoren Worke
23CEOChief Executive Officer
24CAOChief Accounting Officer
25CAGComptroller and Auditor General
26CIOChief Information Officer
27CMOChief Marketing Officer
28CNGCompressed Natural Gas
29COOChief Operating Officer
30CPACertified Public Accountant
31CTOChief Technology Officer
32COGSCost of Goods Sold
33Corp.Corporation
34CPIConsumer Price Index
35CPUCost Per Unit
36CSRCorporate Social Responsibility
37CVPCost Volume Profit
38C&FCost and Freight
39CIFCost Insurance and Freight
40CIIConfederation of Indian Industries
41CCSCash Compensatory Scheme
42CTVColour Television
43CPIConsumer Price Index
44CCIController of Capital Issues
45COCOCompany Owned Company Operated
46CODOCompany Owned Company Operated
47CEATCavi Elettrici E Affini Torino
48CNNCable News Network
49CPUCentral Processing Unit
50DEPTDepartment
51DISCDiscount
52EBITEarnings Before Interest and Taxes
53ESPNEntertainment and Sports Programming Network
54EPSEarnings Per Share
55ESOPEmployee Stock Option Plan
56EMIEquated Monthly Installment
57EPCExport Promotion Council
58ECGCExport Credit Guarantee Corporation of India
59EXIM BankExport Import Bank of India
60EPZExport Processing Zone
61FCCBForeign Currency Convertible Bond
62FDIForeign Direct Investment
63FCUKFrench Connection
64FICCIFederation of Indian Chambers of Commerce and Industry
65FIIForeign Institutional Investors
66FOBFreight on Board
67FOCFree of Cost
68FYAFor Your Action
69FIATFabbrica Italiana Automobili Torino
70FPOFruit Products Order
71FYIFor Your Information
72GAILGas Authority of India Ltd.
73GAAPGenerally Accepted Accounting Principles
74GATTGeneral Agreement for Trade and Tariff
75GICGeneral Insurance Corporation
76GDPGross Domestic Product
77GDRGlobal Depositary Receipt
78GPGross Profit
79HRHuman Relations
80HQHead Quarter
81HTCHigh Tech Computer Corporation
82HTMLHypertext Mark-Up Language
83HDFCHousing Development Finance Corporation
84IMFInternational Monetary Fund
85INC.Incorporated
86ILOInternational Labour Organization
87IPOInitial Public Offer
88ISPInternet Service Provider
89ICSIIndian Company Secretaries Institute
90IASInternational Accounting Standards
91ITInformation Technology
92IDBIIndustrial Development Bank of India
93ICICIIndustrial Credit and Investment Corporation of India
94IFRSInternational Financial Reporting Standard
95IMFInternational Monetary Fund
96ISOInternational Organisation for Standardisation
97ITDCIndian Tourism Development Corporation
98ITOInternational Trade Organisation
99IBMInternational Business Machines
100IM216 Abbreviations for Commerce Students

Instant Messaging

101IMMInstitute of Marketing Management
102ICAIInstitute of Chartered Accountants of India
103ICWAIInstitute of Cost and Work Accountants of India
104INTELIntegrated Electronics
105IRDAInsurance Regulatory and Development Act
106IFCIIndustrial Finance Corporation of India
107ISOInternational Organization for Standardization
108IOCIndian Oil Corporation
109KPIKey Performance Indicators
110KYCKnow Your Customers
111LGLucky Goldstar
112LLCLimited Liability Company
113LICLife Insurance Corporation
114LTD.Limited Company
115LLPLimited Liability Partnership
116LPGLiquefied Petroleum Gas
117MBAMaster Of Business Administration
118MCAMaster Of Computer Application
119MNCMultinational Corporation
120MRTPMonopoly and Restrictive Trade Practices
121MFG.Manufacturing
122MOUMemorandum of Understanding
123MPCMarginal Propensity to Consume
124MRPMaximum Retail Price
125MILEMaximum Impact, Little Effort
126MRFMadras Rubber Factory
127NASDAQNational Association of Securities Dealers Automated Quotation
128NAVNet Asset Value
129NABARDNational Bank for Agricultural and Rural Development
130NAFEDNational Agricultural and Marketing Federation
131NSDLNational Securities Depository Limited
132NOINet Operating Income
133NPVNet Present Value
134NRINon-Resident Indian
135NRNNo Reply Necessary
136NTCNational Textile Corporation
137NCERTNational Council of Educational Research & Training
138NFLNational Fertilizer Limited
139NHRCNational Human Rights Commission
140NIDCNational Industrial Development Corporation
141NIITNational Institute of Information Technology
142NPCNational Productivity Council
143NRDCNational Research and Development Corporation
144NREPNational Rural Employment Programme
145NTPCNational Thermal Power Corporation
146OGLOpen General License
147OILOil India Limited
148OKAll Correct
149OLTASOnline Tax Accounting System
150ONGCOil and Natural Gas Commission
151OPECOrganisation of Petroleum Exporting Countries
152OTCEOver the Counter Exchange
153PANPermanent Account Number
154PCOPublic Call Office
155PSUPublic Sector Undertakings
156PFIPublic Financial Institutions
157PALPremier Automobiles Ltd.
158PROPublic Relations Officer
159PH.DDoctor of Philosophy
160PIN216 Abbreviations for Commerce Students

Postal Index Number

161PTIPress Trust of India
162PTOPlease Turn Over
163PWDPublic Works Department
164PATProfit After Tax
165PBTProfit Before Tax
166P/EPrice-To-Earnings Ratio
167P&LProfit and Loss
168POSPoint of Sale
169PPPPublic-Private Partnership
170RERetained Earnings
171ROEReturn on Equity
172ROIReturn On Investment
173R&DResearch and Development
174RFPRequest for Proposal
175ROIReturn On Investment
176RRPRecommended Retail Price
177STDSubscribers Trunk Dialing
178SEBISecurities and Exchange Board of India
179SWOTStrengths, Weaknesses, Opportunities, Threats
180SIDBISmall Industries Development Bank of India
181TATravelling Allowance
182TTETravelling Ticket Examiner
183TANTax Deduction and Collection Account Number
184TELCOTata Engineering and Locomotive Company
185TISCOTata Iron and Steel Company Limited
186TOEFLTest of English as A Foreign Language
187TINTax Information Network
188TRAITelecom Regulatory Authority of India
189TDSTax Deduction at Source
190UFOUnidentified Flying Object
191UNOUnited Nations Organization
192UGCUniversity Grants Commission
193UNIUnited News of India
194USPUnique Selling Proposition
195UPSUninterrupted Power Supply
196URLUniversal Resource Locator
197UTIUnit Trust of India
198UNDPUnited Nations Development Programme
199UPSCUnion Public Service Commission
200UNCTADUnited Nations Conference on Trade and Development
201UNESCOUnited Nations Economic Social and Cultural Organisation
202VCVice-Chancellor
203VPVice-President
204VIPVery Important Person
205VPPValue Payable Post
206VATValue Added Tax
207VPNVirtual Private Network
208VRSVoluntary Retirement Scheme
209VDISVoluntary Disclosure of Income Scheme
210VSNLVidesh Sanchar Nigam Limited
211Wrtwith Respect To
212WHOWorld Health Organisation
213WPIWholesale Price Index
214WTOWorld Trade Organization
215WIPROWestern India Products Limited
216WWW216 Abbreviations for Commerce Students

World Wide Web

 

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