| Webster's Online Dictionary |
| Expressions | Domain | Definition | |
| Ex Factory | Economics | This term is still widely used but it is being replaced by the Incoterm EXW - Ex Works. It is a sale term where the title to goods passes to the buyer when they leave the vendor's dock and consequently at that point the liability for loss or damage and the expenses of shipment also pass from vendor to buyer. (references) | |
Source: compiled by the editor from various references; see credits. | Top | ||
