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CPT
(redirected from Carrier Paid To)

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CPT

CPT
Carrier Paid To. In international commerce, an agreement between a seller and a buyer indicating that the seller is responsible for the costs of shipping a good while the buyer assumes the risk of damage to the good once it is transferred to a carrier. This means that the buyer is responsible for any insurance he/she may wish to purchase. A carrier is any person who transports the good to an agreed upon destination; in cases where the transportation involves multiple carriers, risk is transferred when the good is delivered to the fist carrier. See also: United Nations Convention on Contracts for the International Sale of Goods, Incoterm.


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002 per minute for the use of a phone line, about 12 percent of what a long-distance carrier paid to use the same line.
 
 
 
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