Definition of Terms of sale
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Terms of sale Definition from Business & Finance Dictionaries & Glossaries
Campbell R. Harvey's Hypertextual Finance Glossary
Terms of sale Definition from Law Dictionaries & Glossaries
The 'Lectric Law Library
The invoice is the sales contract between buyer and seller and indicates the Terms of Sale.Courtesy of the 'Lectric Law Library.
Terms of sale Definition from Sports Dictionaries & Glossaries
The point at which sellers have fulfilled their obligations so the goods in a legal sense could be said to have been delivered to the buyer. They are shorthand expressions that set out the rights and obligations of each party when it comes to transporting the goods. Following, are the thirteen terms of sale in international trade as Terms of Sale reflected in the recent amendment to the International chamber of Commerce Terms of Trade (INCOTERMS), effective July 1990: exw, fca, fas, fob, cfr, cif, cpt, cip, daf, des, deq, ddu and ddp.