Cost centre and Incoterms: Difference between pages

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imported>Doug Williamson
(Added see also)
 
imported>Doug Williamson
(Add alternative version. Source: Trade and receivables finance glossary: https://www.trfnews.com/about/glossary.aspx#IncoTerms)
 
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A treasury which acts as a service centre which hedges operational exposures, at a cost.
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'.




==See also==
==See also==
* [[Cost saving centre]]
* [[COD]]
 
* [[CIF]]
[[Category:The_business_context]]
* [[Transport documents]]

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'.


See also