Also known as: des.
DES has various meanings in the Business & Finance category. Discover the full forms, definitions, and usage contexts of DES in Business & Finance.
Previous term from Incoterms 2000 eliminated from Incoterms 2010. A Term of Sale where the seller fulfills his/her obligation to deliver when the goods have been made available to the buyer on board the ship, uncleared for import at the named port of destination. The seller has to bear all the costs and risks involved in bringing the goods to the named port destination.
Business & FinanceThe algorithm for the encryption of electronic data. This is an outdated symmetric-key method of data encryption. It was Developed by IBM in the early 1970s . The U.S. government standard encryption method for nonmilitary and no classified use. A cryptographic algorithm designed to encrypt and decrypt data using a private key. alsoTriple Data Encryption Algorithm.
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