Search Results for: DELIVERED EX SHIP

delivered ex ship

delivered ex ship. A mercantile-contract term allocating the rights and duties of the buyer and the seller of goods with respect to delivery, payment, and risk of loss, whereby the seller must clear the goods for export and bear the costs of transportation (apart from unloading charges and import duties) to the importing nation’s port […]

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free alongside ship

free alongside ship. A mercantile-contract term allocating the rights and duties of the buyer and the seller of goods with respect to delivery, payment, and risk of loss, whereby the seller must clear the goods for export, and deliver the goods to the wharf beside the buyer’s chosen vessel. • The seller’s delivery is complete

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delivered duty paid

delivered duty paid. A mercantile-contract term allocating the rights and duties of the buyer and the seller of goods with respect to delivery, payment, and risk of loss, whereby the seller must (1) clear the goods for export, (2) bear the costs of carriage, (3) pay the buyer’s import duties, and (4) make the goods

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delivered ex quay

delivered ex quay. A mercantile-contract term allocating the rights and duties of the buyer and the seller of goods with respect to delivery, payment, and risk of loss, whereby the seller must (1) clear the goods for export, (2) bear the costs of transportation to the port named by the importing buyer, and (3) place

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free on board

free on board. A mercantile-contract term allocating the rights and duties of the buyer and the seller of goods with respect to delivery, payment, and risk of loss, whereby the seller must clear the goods for export, and the buyer must arrange for transportation. • The seller’s delivery is complete (and the risk of loss

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free on board

A mercantile-contract term allocating the rights and duties of the buyer and the seller of goods with respect to delivery, payment, and risk of loss, whereby the seller must clear the goods for export, and the buyer must arrange for transportation. • The seller’s delivery is complete (and the risk of loss passes to the

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emphyteusis

emphyteusis (em-fi-t[y]oo-sis), n. [Greek “implanting”] Greek, Roman & civil law. A contract by which one person delivered to another (the emphyteuta) a tract of land, either in perpetuity or for a long period of time, in exchange for the obligation to cultivate the land and to pay annual rental. • In Roman law, the land

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