What does IC stand for?

Invoice Currency

This definition appears very rarely and is found in the following Acronym Finder categories:

Business, finance, etc.

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Samples in periodicals archive:

Fukuda and Ono investigate the choice of invoice currency under exchange rate uncertainty.

18th Annual TRIO Conference

It includes added fields such as Client Tax ID for Value Added Tax identification and invoice currency specification, all components necessary for international ebilling to proceed until such time as the LEDES XML Ebilling v.

The Legal Electronic Data Exchange Standard (LEDES) Ratifies New ...

Drawing on data on invoice currency use in exports and imports for 24 countries, Goldberg and Tille document that the dollar is the currency of choice for most transactions involving the United States.

International trade and investment