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There are some term in business i don't understand



 
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What does "sniffed in an academic paper" mean? | Merchant vs. vendor
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There are some term in business i don't understand #1 (permalink) Wed Nov 02, 2005 12:46 pm   There are some term in business i don't understand
 

Cost and Freight:CFR
Cost,Insuarance, and Freight:CIF
Carriage Paid To:CPT
carriage and insuarance paid:CIP
delivered at frontier:DAF
delivered ex_ship:DES
delivered ex_quay:DEQ
delivered duty paid: DDP
delivered duty unpaid:DDU
ex_works: EXW
free carrier: FCA
free alongside ship: FAS
free on board: FOB

could you explain more details about these terms to me?
thanks
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Incoterms #2 (permalink) Wed Nov 02, 2005 14:24 pm   Incoterms
 

Hi, those are some of the Incoterms which are international sales terms. They are used worldwide to determine who is responsible for for what in an international trade transaction.
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There are some term in business i don't understand #3 (permalink) Wed Nov 02, 2005 15:49 pm   There are some term in business i don't understand
 

.
If the buyer's invoice reads, for example, CIF, then the total amount to be paid by the buyer includes these expenses.

The same applies to the various other terms you list.
.
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