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Economy

Pertaining to the system or range of economic activity in a country, region, or community.

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Economy > International trade

(EXW) ex works

Economy; International trade

"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 ...

(FCA) free carrier

Economy; International trade

"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 ...

(FAS) free alongside ship

Economy; International trade

"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 ...

incoterm

Economy; International trade

A set of thirteen internationally-standard trade terms, or terms of sale between the buyer and the the seller, also known as delivery terms. This terms were proposed, updated, ...

(FOB) free on board

Transportation; Shipping

"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 ...

(CIF) Cost insurange and Freight

Transportation; Shipping

"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 ...

(DAF) Deliver at Frontier

Economy; International trade

"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 ...