When you buy or sell goods across national boundaries, you and the other party must have a clear understanding of the terms for moving those goods to their destination. CIF and FOB are commonly used ...

Incoterms (International Commerce Terms of Sale) are a set of rules and definitions that define the responsibilities of sellers and buyers for the delivery of goods. Incoterms are published by the ...

of the parties to a contract of sale with respect to the delivery of goods sold. Incoterms are often used as a method of defining risk in transactions where goods are sold – that is, at which point ...