The mean, or the average.
That's the definition of the "mean" or "average" of that group of terms.
The arithmetic mean.
.
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
CIF
cnf
pm4
THCO
C is for cost (value before shipping) and F is for freight/shipping.
Delivered at terminal
Notice of readiness
SEC
Cargo OnBoard