„Trade Terms“

What does Trade Terms stand for?

The setting of responsibilities of the buyer and seller in a sale including sale price, the payment of costs such as shipping, insurance, and customs; the arranging of the performance of these activities; and the determination of when title passes. (Note the difference from “Terms of Trade”)

Source:

Embleton, A. (2013). The Buyer’s Manual: Understanding Sales Terms and Responsibilities. Ambleside Publishing.

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