GLOSSARY

GLOSSARY

INCO Terms

Origin Terms EXW - Ex-Works, named place where shipment is available to the buyer, not loaded. The seller will not contract for any transportation.

International Carriage NOT Paid by Seller

FCA - Free Carrier, unloaded at the seller's dock OR a named place where shipment is available to the international carrier or agent, not loaded. This term can be used for any mode of transport.

FAS - Free Alongside Ship, named ocean port of shipment. Ocean shipments that are NOT containerized.

FOB - Free On Board vessel, named ocean port of shipment. This term is used for ocean shipments only where it is important that the goods pass the ship's rail.

International Carriage Paid by the Seller

CFR - Cost and Freight, Named ocean port of destination. This term is used for ocean shipments that are not containerized.

CIF - Cost, Insurance and Freight, named ocean port of destination. This term is used for ocean shipments that are not containerized.

CPT - Carriage Paid To, named place or port of destination. This term is used for air or ocean containerized and roll-on roll-off shipments.

CIP - Carriage and Insurance Paid To, named place or port of destination. This term is used for air or ocean containerized and roll-on roll-off shipments.

Arrival At Stated Destination

DDP - Delivered Duty Paid, named place of destination, not unloaded, cleared. This term is used for any mode of transportation.

"INCOTERMS 2010" is one in a series of short articles published by International Business Training, a division of InterMart, Inc. These articles are designed to help businesses and individuals succeed in the global marketplace.

For more information about a variety of import and export publications, self-study courses and seminars designed specifically for small and mid-sized companies, visit our web page at www.i-b-t.net.

The laws, regulations, procedures, requirements, methods, interpretations and other information contained in this article are subject to change and therefore the reader should not rely solely on this guide in dealing with the commercial laws of the United States or foreign countries. Errors and omissions, typographical, clerical and otherwise, sometimes occur and it is possible that errors have occurred in respect to anything printed in this article.

Equipment Specifications

Weights & Measures

LINEAR MEASURE Volume & Capacity
       
10 millimetres 1 centimetre 1 cu. Centimetre 0.06102 cu. ins
10 centimetres 1 decimetre 1 litre 61.024 cu. ins
10 decimetres 1 metre 1 litre 0.0353 cu. ft
10 metres 1 decametre 1 litre .2642 US gallons
10 decametres 1 hectometre 1 litre 0.2200 UK gallons
10 hectometres 1 kilometre 1 hectolitre 26.417 US gallons
1 hectolitre 21.997 UK gallons
WEIGHTS 1 hectolitre 2.838 US bushels
10 milligrams 1 centigram 1 hectolitre 2.750 UK bushels
10 centigrams 1 decigram 1 cu. metre 35.3147 cu. feet
10 decigrams 1 gram 1 cu. metre 1.30795 cu. yards
10 grams 1 decagram 1 cu. metre 264.172 US gallons
10 decagrams 1 hectogram 1 cu. metre 219.969 UK gallons
10 hectograms 1 kilogram 1 cu. metre 6.11025 UK bulk barrels
100 kilograms 1 quintal
10 quintal 1 ton Weight (Mass)
1000 kilograms 1 ton 1 milligram 0.01543 grains
1 gram 0.03527 ounces
METRIC EQUIVALENTS   1 kilogram 2.20462 pounds
  1 metric quintal 220.462 pounds
Length 1 metric ton 2,204.62 pounds
1 millimetre 0.03937 ins 1 metric ton 1.10231 short tons
1 centimetre 0.3937 ins 1 metric ton 0.984207 long tons
1 metre 39.3701 ins
1 metre 3.2808 ft SQUARE MEASURE
1 metre 1.0936 yds 144 sq. ins 1 sq. foot
1 metre 0.54681 fathoms 9 sq. feet 1 cu. yard
1 kilometre 0.62137 miles (land) 1,210 sq yds 1 rood
1 kilometre 0.53961 miles (UK sea) 4 roods 1 acre (4840 sq. yd.)
1 kilometre 0.53996 miles, international nautical 640 acres 1 sq. mile
   
Area CUBIC MEASURE
       
1 sq. millimetre 0.00155 sq. ins 1,728 cu. ins 1 cu. foot
1 sq. centimetre 0.1550 sq. ins 27 cu. feet 1 cu. yard
1 sq. metre 10.7639 sq. feet 128 cu. feet 1 cord (wood)
1 sq. metre 1.19599 sq. yards 40 cu. feet 1 ton (shipping)
1 hectare 2.47105 acres 2,150.42 cu. ins 1 standard bu
1 sq. kilometre 247.105 acres 231 cu. ins 1 US standard gal
1 sq. kilometre 0.3861 sq. miles 1 cu. foot about 4/5 of a bushel
 
AVOIRDUPOIS WEIGHT
16 drams 1 ounce
16 ounces 1 pound
14 pounds 1 stone
28 pounds 1 quarter
4 quarters 1 cwt
20 cwts 1 ton (2,240 lbs)
2,000 pounds 1 short ton
2,240 pounds 1 long ton