Terminology
Lingo | Description |
---|---|
CIF | Cost, insurance and freight |
CNF | Cost and freight, no insurance |
DDP | Delivered duty paid |
EXW | Ex-works or ex-factory |
FOB | Free on board (or feight on board) |
MOQ | Minimum order quantity in order to make an order |
PI | Proforma invoice |
PO | Purchase order |
RFQ | Request for quotation |
UOM | Unit of measure |