Ex Works (...named place) (EXW) 4
Ex Works (...named place) (EXW) 4 :
A term of sale in which for the quoted price, the seller merely makes the goods available to the buyer at the seller's "named place" of business. This trade term places the greatest responsibility on the buyer and minimum obligations on the seller. The Ex Works term is often used when making an initial quotation for the sale of goods without any costs included
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