carriage paid to (CPT)
Definition
Term of sale signifying that the price invoiced or quoted by a seller does not include insurance cost, but includes all other charges up to a named place of destination (usually the buyer's warehouse). In comparison, cost and freight (C&F) terms include transport charges only up to a named port of destination.
carriage paid to (CPT) is in the Banking, Commerce & Finance, International Trade & Relations, Purchasing & Procurement and Shipping, Transport, & Travel subjects.
carriage paid to (CPT) appears in the definitions of the following terms: INCOTERMS, carriage & insurance paid to (CIP) and cost and freight (C&F)
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