Delivered Duty Unpaid

Delivered Duty Unpaid
( DDU)
Seller fulfills the contract obligations when the goods have arrived at a named place in the importing country. The seller bears all the costs and risk except for import duties and other customs clearance costs. Bloomberg Financial Dictionary

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delivered duty unpaid delivered duty unpaid Incoterm

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delivered duty unpaid UK US adjective, adverb (ABBREVIATION DDU)
COMMERCE in international trade, an incoterm stating that the person or company that is selling goods is responsible for transporting them to a particular place in the buyer's country, but, after that, the buyer is responsible for paying any charges, insurance, or import duties

Financial and business terms. 2012.

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Look at other dictionaries:

  • Delivered Duty Unpaid — (DDU) is an Incoterm. It means that the seller delivers the goods to the buyer to the named place of destination in the contract of sale. The goods are not cleared for import or unloaded from any form of transport at the place of destination. The …   Wikipedia

  • Delivered Duty Unpaid — DDU est un Incoterm qui signifie Delivered Duty Unpaid Dans cet incoterm, le vendeur paie tous les coûts de transport et supporte tous les risques jusqu à ce que les marchandises arrivent à la destination non déchargées, mais ne paie pas les… …   Wikipédia en Français

  • Delivered Duty Unpaid — Области действия терминов Инкотермс. DDU (англ. Delivered Duty Unpaid букв. «доставлено, пошлина не оплачена») термин Инкотерм …   Википедия

  • Delivered Duty Unpaid — noun Meaning the seller delivers the goods to the named destination, and pays for all transportation expect for the unloading, duty and the further transportation to a named place in the country of import, which is the responsibility of the buyer …   Wiktionary

  • Delivered Duty Unpaid - DDU — A transaction in international trade where the seller is responsible for making a safe delivery of goods to a named destination, paying all transportation expenses but not the duty. The seller bears the risks and costs associated with supplying… …   Investment dictionary

  • Delivered Duty Unpaid — Named Place of Destination, ⇡ DDU …   Lexikon der Economics

  • unpaid — UK US /ʌnˈpeɪd/ adjective ► ACCOUNTING used to describe a debt, tax, etc. that has not been paid: unpaid debt/fines/taxes » The oil giant s accounts were frozen by authorities seeking to recover $3.4bn in unpaid taxes. unpaid… …   Financial and business terms

  • Delivered Ex Quay — ( DEQ) Seller fulfills the contract obligations to deliver when the goods are made available to the buyer at the wharf of the destination port. A DEQ can further specify Duty Paid or Duty Unpaid. If Duty Paid is specified, the seller is… …   Financial and business terms

  • Delivered Ex Quay - DEQ — In international trade, a contract specification where the seller must deliver the goods to the wharf at the destination port. Delivered ex quay may be noted as having duty paid or unpaid. If it is marked as paid, the seller is responsible for… …   Investment dictionary

  • DDU — • Delivered Duty Unpaid …   Maritime acronyms and abbreviations

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