EXW Ex Works – Meaning, Pros, Cons, and More
EXW, short for “Ex Works,” is the term that one would come across in international trade. It is one of the Incoterms (International Commercial… Read Article
Incoterms
Incoterms – Meaning, History, Benefits and More
Incoterms (or International Commercial Terms) is a term that one would come across in international trade. Basically, these terms help to make buying and… Read Article
FOB Shipping Point – Meaning, Example And More
FOB Shipping Point or ‘Free on Board Shipping Point’ or ‘FOB Origin’ is a shipping term indicating that a buyer must pay for the… Read Article
FOB Meaning
FOB, meaning in terms of shipping, is Free on Board or Freight on Board. There are two types of FOB in shipping. The first… Read Article
FOB Destination – Meaning, Types, Importance And More
Free on Board Destination or FOB Destination is one of the International Commercial Terms (Incoterms) from the International Chamber of Commerce (ICC). It indicates… Read Article