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What does AE stand for?

AE stands for Action Express (pistol cartridge)

This definition appears very frequently

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We have 90 other meanings of AE in our Acronym Attic

Samples in periodicals archive:

Prior to that, he held account executive and management positions for several years at Action Express and Midwest Motor Exress, both in the transportation industry.
50 Action Express was announced long before it was available, and this first of the really large-caliber production semiautos was a long time coming for a couple of reasons.