INCOTERM

INCOTERM

Incoterm (in[g]-koh-t[schwa]rm). A standardized shipping term, defined by the International Chamber of Commerce, that apportions the costs and liabilities of international shipping between buyers and sellers. See EX WORKS; COST, INSURANCE, AND FREIGHT ; COST AND FREIGHT; COST, INSURANCE, AND FREIGHT; FREE ALONGSIDE SHIP ; FREE CARRIER; FREE ON BOARD. [Cases: Shipping 104. C.J.S. Shipping ¡ì¡ì 247¨C250, 252¨C254.]
What is the legal equivalent of the term INCOTERM in Chinese?
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