See Also: Net 30 Credit Terms Net Sales Credit Sales Daily Sales Outstanding (DSO) Commercial Risk Terms of Sale Definition Terms of sale definition is the terms which a buyer and seller agree upon. They are as important in exporting as they are with domestic sales. Terms of sale serve the purpose of creating uniform expectations between
See Also: Delivered Duty Paid (DDP) Freight on Board (FOB) Delivery Order Ex Works (EXW) Cost of Goods Sold (COGS) Delivered Duty Unpaid Delivered Duty Unpaid or DDU is the contract assuming that a vendor or seller will assume transportation costs associated with an international or overseas sale. Furthermore, the buyer will assume all of
See Also: Freight on Board (FOB) Ex Works (EXW) Delivery Order Delivered Duty Unpaid (DDU) Cost of Goods Sold (COGS) Delivered Duty Paid (DDP) Definition Delivered Duty Paid or DDP means that a seller or vendor has assumed all of the liability as well as the costs associated with transportation internationally. Delivered Duty Paid (DDP)
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