Global commerce and cross-border business terms.
CFR (Cost and Freight) is a sea-transport Incoterm under which the seller pays the cost and freight to bring goods to the destinat...
CIP (Carriage and Insurance Paid To) is an Incoterm where the seller pays carriage and insurance to a named destination, while ris...
CPT (Carriage Paid To) is an Incoterm under which the seller pays for carriage to a named destination, but risk passes to the buye...
DAP (Delivered at Place) is an Incoterm under which the seller delivers the goods, ready for unloading, at a named destination and...
DDP (Delivered Duty Paid) is the Incoterm with the maximum seller obligation: the seller delivers the goods cleared for import, wi...
EXW (Ex Works) is an Incoterm under which the seller simply makes the goods available at their own premises, and the buyer takes o...
FCA (Free Carrier) is an Incoterm under which the seller delivers the goods, cleared for export, to a carrier or place nominated b...
Incoterms are a set of standardised international trade rules published by the ICC that define the responsibilities of buyers and ...
A tariff is a tax or schedule of taxes that a government applies to goods traded across its borders, used to raise revenue, protec...
A treaty between two or more countries that sets the rules and tariffs for trade between them.