DAP (Delivered at Place)
Delivered at Place, an Incoterm under which the seller bears the cost and risk of transporting goods to a named place in the destination country, ready for unloading. The buyer handles import clearance and pays duties and taxes. DAP is common for courier shipments and samples, where the carrier delivers to the buyer's address.
Related terms
CIF (Cost, Insurance and Freight)
Cost, Insurance and Freight, an Incoterm for sea transport. The seller pays freight to the named destination…
EXW (Ex Works)
Ex Works, the Incoterm that places the least obligation on the seller. Goods are made available at the seller…
Incoterms
A set of eleven trade terms published by the International Chamber of Commerce that define the responsibiliti…
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