INCOTERMS

GPTKB entity

Statements (43)
Predicate Object
gptkbp:instanceOf set of international commercial terms
gptkbp:abbreviation International Commercial Terms
gptkbp:appliesTo international trade contracts
domestic trade contracts
gptkbp:category gptkb:international_relations
commercial law
trade regulation
gptkbp:enforceableIf incorporated into contract
gptkbp:firstPublished 1936
gptkbp:frequency 10 years (approximately)
gptkbp:governs customs clearance
delivery of goods
transfer of risk
allocation of costs
gptkbp:hasTerm gptkb:CIP
gptkb:CIF
gptkb:FAS
gptkb:EXW
gptkb:DDP
gptkb:CFR
gptkb:DPU
gptkb:FCA
gptkb:DAP
gptkb:FOB
CPT
https://www.w3.org/2000/01/rdf-schema#label INCOTERMS
gptkbp:language English
multiple languages
gptkbp:latestReleaseVersion 2019
INCOTERMS 2020
gptkbp:notALaw true
gptkbp:publishedBy gptkb:International_Chamber_of_Commerce
gptkbp:purpose define responsibilities of buyers and sellers in international trade
gptkbp:relatedTo gptkb:Uniform_Commercial_Code
gptkb:UN_Convention_on_Contracts_for_the_International_Sale_of_Goods
gptkbp:usedBy banks
insurance companies
lawyers
freight forwarders
exporters
importers
gptkbp:bfsParent gptkb:Lex_Mercatoria
gptkbp:bfsLayer 5