Shipping and Payment Terms

FOB, CFR ...

CFR Cost and Freight seller pays the costs necessary to bring the goods to named port of destination
CIF Cost, Insurance and Freight same as CFR but in addition the seller includes marine insurance loss or damage to goods during shipment
CIP Carriage and Insurance Paid To same as CPT, but in addition the seller includes insurance loss of or damage to the goods during carriage
CPT Carriage Paid To seller pays freight to named destination
DAF Delivered At Frontier seller cleares the goods for export at named destination - but before the customs
DDP Delivered Duty paid seller deliveres the goods at named destination - pays charges of delivering the goods to be cleared at custom
DDU Delivered Duty Unpaid seller deliveres the goods at named destination
DES Delivered Ex Ship seller deliveres the goods on board the ship, uncleared for import at named destination - seller pays to bring the goods to named destination
DEQ Delivered Ex Quay, [Duty Paid] seller deliveres the goods at named destination -  cleared for importation
EXW Ex Works seller makes the goods available at his premises
FAS Free Alongside Ship seller sends the goods to alongside the vessel - or in the named port of shipment
FCA Free Carrier seller hands over the goods cleared for export to the charge of the carrier named by the buyer at named place
FOB Free On Board seller cleares the goods for export at named port of shipment

Related Topics

  • Economics - Engineering economic concepts - cash flow diagrams, discount rate, internal rate of return - IRR, income taxes, inflation

Related Documents

Tag Search

  • en: material shipping payment terms fob cfr

Search the Engineering ToolBox

- "Search is the most efficient way to navigate the Engineering ToolBox!"

Engineering ToolBox - SketchUp Extension - Online 3D modeling!

3D Engineering ToolBox Extension to SketchUp - add parametric components to your SketchUp model

Add standard and customized parametric components - like flange beams, lumbers, piping, stairs and more - to your SketchUp model with the Engineering ToolBox - SketchUp Extension/Plugin - enabled for use with the amazing, fun and free SketchUp Make and SketchUp Pro . Add the Engineering ToolBox extension to your SketchUp from the Sketchup Extension Warehouse!

Translate the Engineering ToolBox!
About the Engineering ToolBox!

Support the ToolBox

If you find the Engineering ToolBox useful and want this website to be available tomorrow - and the days after tomorrow - enable ads or make a contribution!

Contribute to the Engineering ToolBox