|
|
 |
|
|
|
|
| in·co·term [ íngkō tùrm ] (plural in·co·terms) |
noun |
|
| Definition: |
| |
international trade acronym: one of the standardized abbreviated terms established by the International Chamber of Commerce used in export contracts to designate which party should pay costs such as insurance and transport
|
| [Late 20th century. <in(ternational) co(mmercial) term] |
|
|
|
