Last Updated
：2025/11/21
Incoterm
（ plural ）
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(international trade) Any of a series of international sales terms that divide transaction costs and responsibilities between buyer and seller.
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Incoterm
Before finalizing the contract, the logistics manager insisted that the buyer specify an Incoterm to clarify who would bear shipping and insurance costs.
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Before finalizing the contract, the logistics manager insisted that the buyer specify an Incoterm to clarify who would bear shipping and insurance costs.
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