DELIVERED
DUTY PAID (DDP):
- Carriage to
be arranged by the seller
- Risk transfer from
the seller to the buyer
when the goods are
placed at the disposal
of the buyer
- Cost transfer from
the seller to the buyer
when the goods are
placed at the disposal
of the buyer
SHORT
TERM:
(AF)
: Advance Freight
(B/G)
: Bonded
Goods
(CAD)
: Cash Agaýnst
Documents
(COD)
: Case On
Delivery
(D/A)
: Documents
Against Accep
(D/P)
: Documents
Against Payment
(FIB)
:Free Into
Bunkers
(FOC) : Free Of
Charge
(FRFWRD)
: Freight Forward
(FRTCOLL)
: Freight Collect
(FRTPP)
: Freight Prepaid
(L/C)
:
Letter Of Credit
(LO)
: Liner Out
(M/R)
: Mate’s Receipt
(MIP)
: Marine
Insurance Policy