WM in Trade Meaning
The WM meaning in Trade terms is "Weight Or Measurement". There are 1 related meanings of the WM Trade abbreviation.
WM on Trade Full Forms
- Weight Or Measurement The basis for assessing freight charges. Also known as "worm". The rate charged under W/M will be whichever produces the highest revenue between the weight of the shipment and the measure of the shipment. The comparison is based on the number of metric tons the cargo weights compared to the number of cubic meters of space the cargo measures. The prior English method was one long ton compared to forty cubic feet.
Frequently Asked Questions (FAQ)
What does WM stand for Trade?
WM stands for Weight Or Measurement in Trade terms.
What is the shortened form of Weight Or Measurement in Trade?
The short form of "Weight Or Measurement" is WM for Trade.
Citation
WM in Trade. Acronym24.com. (2022, February 17). Retrieved November 25, 2024 from https://acronym24.com/wm-meaning-in-trade/
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