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Shipping terms

AB
FOBFree on board
CIFCost, insurance, Freight
Credit salea sale that, by agreement of the parties, calls for payment for the goods at a later date.
CODCollect on delivery, the carrier collects the price and transportation charges upon delivery and transmits this amount to the seller.
Sale or returna comppleted sale in which the buyer has an option of returning the goods.
Sale on approvala sale in which goods are delivered to the buyer in an "on trial" or "on satisfaction" basis
Sale of undivided interesta sale of a fractional interest in a single good or in a number of goods that are to remain together
auctiona public sale to the highest bidder
bulk transferThe transfer, generally by sale, of all or a major part of the goods of a business in one unit at one time.


Mr. D

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