Definition: Delivery terms

Category: External trade

The delivery terms mean those provisions of the sales contract which lay down the obligations of the seller and the buyer respectively, in accordance with the Incoterms of the International Chamber of Commerce (cif, fob, etc.). http://ec.europa.eu/eur-lex/pri/en/oj/dat/2004/l_102/l_10220040407en00010008.pdf
Source:
European Union, Regulation (EC) No 638/2004 of the European Parliament and of the Council of 31 March 2004 on Community statistics relating to the trading of goods between Member States and repealing Council Regulation (EEC) No 3330/91
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