|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 clears the goods for export at named destination - but before the customs|
|DDP||Delivered Duty paid||seller deliver the goods at named destination - pays charges of delivering the goods to be cleared at custom|
|DDU||Delivered Duty Unpaid||seller deliver the goods at named destination|
|DES||Delivered Ex Ship||seller deliver 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 deliver 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 clears the goods for export at named port of shipment|
Engineering economics - cash flow diagrams, present value, discount rates, internal rates of return - IRR, income taxes, inflation.
The effect of single vs. multiple discounts.