{"@context":"https://schema.org","@type":"DefinedTerm","name":"passage of risk / transfer of risk","description":"The passage of risk defines the moment at which responsibility for accidental loss or damage to goods shifts from the seller to the buyer. Before this threshold, the seller bears the risk; afterwards, it passes to the buyer regardless of whether ownership has already transferred. Under Incoterms, the precise moment depends on the agreed trade term: under FCA, risk passes when the seller hands the goods to the first carrier; under DAP, not until the goods are made available at the named destinati","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/passage-of-risk-transfer-of-risk","inLanguage":"en","dateModified":"2026-06-19T01:01:04.387141","citation":"https://iccwbo.org/business-solutions/incoterms-rules/","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/passage-of-risk-transfer-of-risk","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"passage of risk / transfer of risk · The passage of risk defines the moment at which responsibility for accidental loss or damage to goods shifts from the seller to the buyer. · Quelle: https://iccwbo.org/business-solutions/incoterms-rules/"}