Delivered Duty Paid(redirected from Free Domicile)
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Delivered Duty Paid (DDP)
Delivered Duty Paid
In international commerce, an agreement between a buyer and a seller stating that the seller is responsible for paying for shipping and all transportation risk up to some agreed-upon delivery point. Of all incoterms, DDP gives the most responsibility to the seller and the least risk to the buyer. It is also called free domicile.