Category: Business
Created by: Veronikag
Number of Blossarys: 1
"Delivered duty paid" means that the seller fullfils his obligation to deliver when the goods have been made available at the named place in the country of importation. The seller has to bear the ...
"Delivered at Frontier" means that the seller fullfils his obligation to deliver when the goods have been made available, cleared for export, at the named point and place at the frontier, but before ...
"Cost, Insurance and Freight" means that the seller has the same obligations as under CFR but with the addition that he has to procure marine insurance against the buyer's risk of loss of or damage ...
"Cost and Freight" means that the seller must pay the costs and freight necessary to bring the goods to the named port of destination but the risk of loss of or damage to the goods, as well as any ...
"Carriage paid to..." means that the seller pays the freight for the carriage of the goods to the named destination. The risk of loss of or damage to the goods, as well as any additional costs due to ...
"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 ...
"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 ...