landed cost

  

Definition

The total cost of a landed shipment including purchase price, freight, insurance, and other costs up to the port of destination. In some instances, it may also include the customs duties and other taxes levied on the shipment.

Use landed cost in a sentence

  • The landed cost might be too much for our company and we might not have enough cash to get it.

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  • You should factor in the landed cost to your budget so that you know exactly how much you had to pay for the goods.

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  • The landed cost was exactly what we had expected so we were fully prepared to continue with the project as planned.

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