| Freight Term |
Ownership |
Payment Terms |
Claims |
|
Destination
|
Title (ownership) passes to buyer at delivery point specified by the buyer. |
Seller pays freight charges. Buyer not invoiced for freight. |
Seller owns goods in transit. Seller files any claims. |
|
Destination,
Prepaid & Allowed
|
Title (ownership) passes to buyer at delivery point specified by the buyer. |
Seller pays freight charges. Buyer not invoiced for freight. |
Seller owns goods in transit. Seller files any claims. |
|
Destination,
Prepaid & Charged
|
Title (ownership) passes to buyer at delivery point specified by the buyer. |
Seller pays freight charges. Buyer invoiced for freight. |
Seller owns goods in transit. Seller files any claims. |
|
(Origin)
Shipping Point
|
Title (ownership) passes to buyer at the seller's ship point. |
Seller pays freight charges. Buyer invoiced for freight. |
Buyer owns goods in transit. Buyer files any claims. |
|
(Origin)
Shipping Point, Prepaid & Allowed
|
Title (ownership) passes to buyer at the seller's ship point. |
Seller pays freight charges. Buyer not invoiced for freight. |
Buyer owns goods in transit. Buyer files any claims. |
|
(Origin)
Shipping Point, Prepaid & Charged
|
Title (ownership) passes to buyer at the seller's ship point. |
Seller pays freight charges. Buyer invoiced for freight. |
Buyer owns goods in transit. Buyer files any claims. |
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