INCOTERMS

Incoterms or international commercial terms are a series of international sales terms that are widely used throughout the world. They are used to divide transaction costs and responsibilities between buyer and seller and reflect state-of-the-art transportation practices. They closely correspond to the U.N. Convention on Contracts for the International Sale of Goods.
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n. incoterms

n. incoterms, International Commercial Terms, standard business terms indicating the responsibilities of buyer and seller in international trade (published in September 1999 by the International Chamber of Commerce)

Incoterms