trade terms

Deal's governing stipulations

Trade terms are the conditions governing a commercial transaction—payment deadlines, delivery responsibilities, pricing structures, and who bears which costs or risks.

In international commerce, standardized trade terms like FOB (free on board) or CIF (cost, insurance, freight) specify exactly when ownership and liability transfer from seller to buyer.

We need to negotiate better trade terms before signing.

Related

customs · invoice · shipment · contract · payment · delivery · cash on delivery · freight · export · import · quotation · clause · conditions · letter of credit · wholesale · bulk discount · discount · markup

Opposites
formality of arrangement

trade termsinformal agreements

Unwritten mutual understandings

handshake deals · gentleman's agreement · gentleman's agreements

commercial vs. non-commercial exchange

trade termsgift-giving

Offering presents to others

charitable donation · free transfer · barter · mutual aid · sharing

commercial vs non-commercial exchange

trade termscharitable giving

Donating to help others

Family

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Top 500,000
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Used worldwide · Timeless · Abstract · Rated G