GlossaryEN1 min readUpdated: Jun 26, 2026
delivery clause
A delivery clause comes into play the moment both parties to a sales contract must agree on where, when, and under what conditions goods change hands.
Quick Answer
Last updated: Published:
Source: https://iccwbo.org/resources-for-business/incoterms-rules/
Category
Incoterms 2020 Simulator: Who bears costs & risk?
Reading time
1 min
Words
109
Mentioned in
–
Definition & Explanation
A delivery clause comes into play the moment both parties to a sales contract must agree on where, when, and under what conditions goods change hands. It identifies the precise point at which risk and costs transfer from seller to buyer, forming the backbone of any international trade agreement. In practice, delivery clauses are routinely aligned with Incoterms, which provide a universally recognised framework for interpreting these obligations. Without a clear delivery clause, disputes over insurance responsibilities and liability for lost or damaged cargo become difficult to resolve. A delivery clause governs physical handover; a payment clause — though closely linked in timing — deals solely with financial settlement.
Next steps
Matching tools and partners
Related Terms
⚖️ ICC Incoterms 2020
Incoterms 2020 Simulator: Who bears costs & risk?
Analyze all 11 Incoterms 2020: cost matrix, risk timeline, insurance gap detector and customs responsibility – free, no login required.
Logistics knowledge straight to your inbox
Free · No password · Never a paywall. Weekly top news and facts from logistics.
Community Questions & Answers
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.
No community answers yet. Be the first.