Plain-English definitions for every trade term you encounter — from Incoterms to customs jargon.
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Seller pays freight to destination port. Risk transfers to buyer when goods are loaded on vessel at origin.
Read guideSeller pays freight and minimum insurance to destination port. Risk transfers at origin port loading.
Read guideSeller pays carriage and all-risks insurance to named destination. Works for any mode of transport.
Read guideSeller pays carriage to named destination. Risk transfers when goods are handed to the first carrier.
Read guideSeller delivers goods ready for unloading at named destination. Buyer handles import duties and customs.
Read guideSeller handles everything — freight, insurance, export and import customs, and duties. Simplest term for buyers.
Read guideSeller delivers and unloads goods at named destination. Only Incoterm requiring the seller to unload.
Read guideSeller makes goods available at their premises. Buyer handles all transport and customs from the factory door.
Read guideSeller delivers goods alongside vessel at origin port. Buyer handles loading, freight, insurance, and customs.
Read guideSeller delivers to named carrier or place and handles export clearance. Works for any mode of transport.
Read guideSeller loads goods on vessel at origin port. The most widely used Incoterm for imports from China.
Guide coming soon11 standardized international trade rules published by the ICC. Define who pays for shipping, insurance, customs, and where risk transfers from seller to buyer.
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