Incoterms: Difference between revisions
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imported>Doug Williamson (Link with COD and CIF pages.) |
imported>Doug Williamson (Add alternative version. Source: Trade and receivables finance glossary: https://www.trfnews.com/about/glossary.aspx#IncoTerms) |
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Internationally accepted rules and terminology concerning the transport of goods that govern the ‘cut off’ point where the seller’s responsibility ends and the buyer’s responsibility begins. | Internationally accepted rules and terminology concerning the transport of goods that govern the ‘cut off’ point where the seller’s responsibility ends and the buyer’s responsibility begins. | ||
Sometimes written 'Inco terms'. | |||
It is an abbreviation of 'international commercial terms'. | |||
Revision as of 06:26, 5 August 2015
Internationally accepted rules and terminology concerning the transport of goods that govern the ‘cut off’ point where the seller’s responsibility ends and the buyer’s responsibility begins.
Sometimes written 'Inco terms'.
It is an abbreviation of 'international commercial terms'.
