Incoterms credit limit

Quelle: https://iccwbo.org/resources-for-business/incoterms-rules/

A credit limit related to an Incoterms sale; the maximum amount of credit the seller is willing to extend to the buyer under a sale contract governed by Incoterms, covering payment terms, risk, and timing of payments.

Related Terms

You might also be interested in these terms

Incoterms credit risk

In the context of Incoterms, credit risk refers to the potential that a trading partner's (buyer’s or seller’s) creditworthiness may fail or deteriora...

Learn more

ICC Incoterms®

The ICC Incoterms® (International Commercial Terms) are a set of internationally recognized trade terms published by the International Chamber of Comm...

Learn more

Incoterms KPI

A metric used to assess how effectively Incoterms rules are applied in a transaction, typically by comparing the actual costs, risks, and responsibili...

Learn more

Incoterms SAP

Incoterms SAP refers to the Incoterms rules as implemented and used within the SAP software ecosystem to define responsibilities, costs, and risk tran...

Learn more

Incoterms letter of credit

A practice in which payment and documentary requirements are handled via a documentary credit (letter of credit) while the responsibilities, costs, an...

Learn more

Rail Incoterms

A group of Incoterms applicable to freight transport by rail. They specify which party bears risk, costs, and obligations for the goods during shippin...

Learn more

⚖️ 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.

Incoterms Simulator →