Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun international trade Any of a series of international
sales terms that dividetransaction costs andresponsibilities betweenbuyer andseller .
Etymologies
from Wiktionary, Creative Commons Attribution/Share-Alike License
Blend of international, commerce, and term
Support
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Examples
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ต้นทุนสินค้า + กำาไรที่คาดหวัง (Product Cost + Profit) ค่าขนส่งทางรถยนต์ (Cost Transportation) ค่าขนส่งทางรถไฟ / ค่าระวางเรือ / ค่าขนส่งทางอากาศ (Cost Freight) ค่าประกันภัยสินค้า (Cost Insurance) Total "Export Price" > > อย่างไรก็ตามแล้วแต่ตกลงตามเงือนไข "Incoterm" ่
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* The abbreviations in three letters given for each Incoterm are a standard reference agreed upon by the ICC and the Economic Commission for Europe of the United Nations.
Chapter 12 1989
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Discuss which Incoterm is most appropriate for your company and model the costs and risks before sealing the deal.
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Buyer must insure itself when using an "F" Incoterm.
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