| Term | Definition | Explanation |
EXW | Ex Works | The buyer has to bear all the costs and risks involved in taking the goods from the sellers Premises.
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FYI | For Your Information | Information that is brought to your attention |
FAS | Free Alongside Ship | The seller delivers when the goods are placed alongside the vessel at the named port of shipment |
FOB | Free On Board | The shipper pays all charges up to the port of exit. |
CF | Carrriage Forward | Buyer / receiver pays all charges for shipping from sellers door |
CIF | Cost, Insurance & Freight | The buyer pays for the carriage from the port of exit. However the Buyer contracts for insurance and pays the premium. |
C&F | Carriage & Freight | The buyer pays for the carriage from the port of exit to their door. |
CPT | Carriage Paid to | The seller delivers the goods to the carrier and also pays for the carriage in order to get the goods to it's paid destination |
CIP | Carriage & Insurance Paid to | The seller delivers the goods to the carrier and also pays for the carriage in order to get the goods to it's paid destination. The seller contracts for insurance and pays the premium |
DAF | Delivered At Frontier | Term of sale signifying that the seller fulfills their obligations by delivering the goods at a specified point on the international border (not the customs border lying inside the national boundary) of the buyer's country. |
DES | Delivered Ex Ship | This term requires the seller to deliver goods to a buyer at an agreed port of arrival. The seller remains responsible for the goods until they are delivered |
DEQ | Delivered Ex Quay | The seller delivers when the goods are placed at the disposal of the buyer not cleared for import at the quay at the named port of destination. |
DDU | Delivered Duty Unpaid | The seller delivers the goods to the buyer, however the buyer has to bear the costs of any 'duty' (e.g. taxes, VAT) |
DDP | Delivered Duty Paid | The seller delivers the goods to the buyer, and all 'duty' for the relevant country has been paid for, by the seller. |
ETA | Estimated Time of Arrival | As definition |
POD | Proof Of Delivery | As definition |
EORI
| Economic Operator Registration and Identification
| If you have been requested on of these, or what used to be called a 'TURN', contact us and we will provide this for you. Please note this is only required on shipments within the EU
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EOD | End Of Day | Manifest document usually produced by way bill creating systems /computer/online. It is a report of shipments generated that day. |
DTD | Door to Door | Either the seller, or the buyer is paying for the whole shipment from 'door to door' |