International Commercial Terms (‘Incoterms’) are internationally recognised standard trade terms used in sales contracts. They’re used to make sure buyer and seller know:
- who is responsible for the cost of transporting the goods, including insurance, taxes and duties
- where the goods should be picked up from and transported to
- who is responsible for the goods at each step during transportation
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This data is made available under the Public Domain Dedication and License version v1.0 whose full text can be found at http://opendatacommons.org/licenses/pddl/