Terms of Delivery


Also found in: Acronyms.

Terms of Delivery

The part of a sales contract that indicates the point at which title and risk of loss of merchandise pass from the seller to the buyer. See: Incoterms.

Terms of Delivery

In international commerce, an agreement between the seller and the buyer as to who is responsible for the cost and risk of delivering the goods. Cost and risk may rest exclusively with either party, or may be split at a certain point. The International Chamber of Commerce has set approximately a dozen different terms of delivery. See also: Incoterm.
References in periodicals archive ?
1 (one) X-ray system for baggage and goods scanning at the border crossing point "Urbany" Vitebsk Customs, located on the Belarusian-Latvian border, the terms of delivery - DAP.
Terms of delivery: transport and at the expense of the supplier, for residents of the Republic of Belarus - warehouses branches of RUE " Grodnoenergo "; for non-residents Of the Republic of Belarus - on the terms of DAP (Incoterms 2010), Grodno , Skidelskoe highway 18; Oshmyany, trans.
2024 valid terms of delivery, after which the contract will continue for an indefinite period.
the initial rental period of the building element building is on 1 may 2009 to 30 april 2024 under the terms of the valid terms of delivery, after which the contract will continue for an indefinite period.
Estimated cost with the terms of delivery, preferably on the terms of DAP , DDP - Novopolotsk, Belarus according to Incoterms-2010, indicating whether the price of transportation costs , customs fees; in case of specifying other terms of delivery - please provide the method of packaging, the number of overall places indicating the dimensions and weight of each place;