In business and finance:
* Mutual Acceptance Billing: This is a system used in international trade where both the buyer and seller agree on a common currency and exchange rate for invoicing and payment.
* Management Accounting Bulletin: A publication by the Chartered Institute of Management Accountants (CIMA) that provides insights and updates on management accounting practices.
In science and technology:
* Magnetic Anomaly Beacon: A device used in underwater navigation to identify specific locations.
* Multi-Access Broadcast: A technology used in wireless communication to transmit data to multiple devices simultaneously.
In other contexts:
* Master of Arts in Business: A postgraduate degree program in business administration.
* Mother Against Breast Cancer: A non-profit organization dedicated to raising awareness and funding research for breast cancer.
* Missionary Aviation Fellowship: A Christian organization that provides air transportation services to remote areas.
To determine the correct meaning of MAB, you need to consider the context in which it is used.
For example, if you see MAB in a document about international trade, it likely refers to Mutual Acceptance Billing. If you see MAB in a scientific article about underwater navigation, it likely refers to Magnetic Anomaly Beacon.