Category: Business
Created by: Veronikag
Number of Blossarys: 1
Delivered ex ship means that the goods are delivered ex ship, the passing of risk does not occur until the ship has arrived at the named port of destination and the goods made available for unloading ...
"Ex works" means that the seller fullfils his obligation to deliver when he has made the goods available at his premises (i.e. works, factory, warehouse, etc) to the buyer. In particular, he is not ...
"Free Alongside Ship" means that the seller fullfils his obligation to deliver when the goods have been placed alongside the vessel on the quay or in lighters at the named port of shipment. This ...
"Free Carrier" means that the seller fullfils his obligation to deliver when he has handed over the goods, cleared for export, into the charge of the carrier named by the buyer at the named place or ...
"Free on Board" means that the seller fulLfils his obligation to deliver when the goods have passed over the ship's rail at the named port of shipment. This means that the buyer has to bear all costs ...
A duty assessed as a percentage rate of the value of the imported merchandise. This percentage is pre-establish in each country. The total paid increases with the value of whats being taxed.
These credit incorporate a clause wich authorises the advising bank to make an immediate payment to the beneficiary of an amount up to the total of the credit, or som lesser nominated amount. The ...