{"@context":"https://schema.org","@type":"DefinedTerm","name":"International Commercial Terms","description":"International Commercial Terms – universally known as Incoterms – give buyers and sellers a shared language for allocating transport costs, insurance obligations, and the point at which risk transfers from seller to buyer. Published by the International Chamber of Commerce (ICC), they define the delivery point and the responsibilities of each party, but do not address title to goods, payment terms, or governing law. Practitioners use shorthand codes such as FOB, CIF, and DDP to keep contracts co","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/international-commercial-terms","inLanguage":"en","dateModified":"2026-06-22T11:10:53.417562","citation":"https://iccwbo.org/business-solutions/incoterms-rules/","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/international-commercial-terms","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"International Commercial Terms · International Commercial Terms – universally known as Incoterms – give buyers and sellers a shared language for allocating transport costs, insurance obligations, and the point at which risk transfers from seller to buyer. · Quelle: https://iccwbo.org/business-solutions/incoterms-rules/"}