Ex Dock

Ex Dock

An agreement between a buyer and a seller in which the seller delivers a good, at his own expense and risk, to a certain dock from which the good may be loaded onto a ship. Once it arrives at the dock, expense and risk transfer to the buyer, who is responsible for transporting the good from there. It is not a recognized incoterm.
References in periodicals archive ?
If the buyer elects to take the damaged portion without its being reconditioned, he is to receive the benefit of marine insurance; the tender of said damaged portion, either ex dock or in store, at the determined allowance, is sufficient tender to that extent, but the buyer, at his option, may elect not to take said damaged portion, without its being reconditioned."