incoterms

[US]/ˈɪnkəʊtɜːmz/
[UK]/ˈɪnkoʊtɜrmz/

Translation

n.abbreviation for international commercial terms

Phrases & Collocations

incoterms define

using incoterms

incoterms liability

incoterms rules

understand incoterms

incoterms specify

selecting incoterms

incoterms obligations

reviewing incoterms

incoterms agreement

Example Sentences

we need to clarify the incoterms for this shipment to ensure a smooth transaction.

the sales contract explicitly states the incoterms are fob shanghai.

understanding incoterms is crucial for managing import and export costs effectively.

our company typically uses cif incoterms when importing raw materials.

the buyer is responsible for arranging transportation under these dap incoterms.

we agreed on exw incoterms to minimize our logistical responsibilities.

careful review of the incoterms is essential before signing the purchase order.

the incoterms define the point at which risk transfers from seller to buyer.

we consulted with our logistics team to determine the best incoterms for the deal.

fca incoterms offer flexibility in choosing the carrier.

the incoterms 2020 version is now the standard for international trade.

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