IMO in International business Meaning
The IMO meaning in International business terms is "International Maritime Organization". There are 2 related meanings of the IMO International business abbreviation.
IMO on International business Full Forms
- International Maritime Organization A specialized agency of the United Nations responsible for measures to improve the safety and security of international shipping and to prevent marine pollution from ships. It is also involved in legal matters, including liability and compensation issues and the facilitation of international maritime traffic.
- International Commercial Terms The Incoterms rules or International Commercial Terms are a series of pre-defined commercial terms published by the International Chamber of Commerce (ICC). They are widely used in International commercial transactions or procurement processes. A series of three-letter trade terms related to common contractual sales practices, the Incoterms rules are intended primarily to clearly communicate the tasks, costs, and risks associated with the transportation and delivery of goods.
Frequently Asked Questions (FAQ)
What does IMO stand for International business?
IMO stands for International Maritime Organization in International business terms.
What is the shortened form of International Commercial Terms in International business?
The short form of "International Commercial Terms" is IMO for International business.
Citation
IMO in International business. Acronym24.com. (2021, September 20). Retrieved April 29, 2024 from https://acronym24.com/imo-meaning-in-international-business/
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