Trade
7 terms with concise definitions
Free Trade Agreement (FTA)
TermTreaty that reduces trade barriers between countries.
High Seas Sale
TermSale of goods while in transit, treated as import transaction.
IEC (Import Export Code)
TermMandatory registration for businesses involved in import/export.
Knocked Down Kits (CKD/SKD)
TermPartially assembled goods shipped for final assembly elsewhere.
Warehouse Receipt
TermDocument proving storage of goods, often used for financing.
X-Ship (Ex-Ship)
TermTrade term where the seller delivers goods to a named port of discharge.
X-Works (EXW)
TermIncoterm where the seller makes goods available at their premises.