Meaning of “TEU” in the English Dictionary

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"TEU" in Business English

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TEUnoun [ C ]

uk us MEASURES, TRANSPORT

abbreviation for twenty-foot equivalent unit: a standard measure for a container for transporting goods, used to calculate how many containers a ship can carry, or a port can deal with:

The port development will add capacity for 1.5m TEUs.

(Definition of “TEU” from the Cambridge Business English Dictionary © Cambridge University Press)