DES in Trade Meaning
The DES meaning in Trade terms is "Delivered Ex Ship". There are 1 related meanings of the DES Trade abbreviation.
DES on Trade Full Forms
- Delivered Ex Ship 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.
Frequently Asked Questions (FAQ)
What does DES stand for Trade?
DES stands for Delivered Ex Ship in Trade terms.
What is the shortened form of Delivered Ex Ship in Trade?
The short form of "Delivered Ex Ship" is DES for Trade.
Citation
DES in Trade. Acronym24.com. (2022, January 23). Retrieved May 2, 2024 from https://acronym24.com/des-meaning-in-trade/
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