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Definitions from the Web

Term: Ex-Works

Part of Speech: Noun (singular)

Sense 1: An international trade term where the seller's responsibilities end when the goods are made available for the buyer to pick up at their own expense.

Sample Sentence: The seller agreed to sell the product to the buyer ex-works, allowing the buyer to arrange for transport and bear all costs and risks.

Part of Speech: Adjective

Sense 1: Referring to a trade transaction or agreement where the seller agrees to deliver the goods at their premises and the buyer takes responsibility for transportation and related expenses.

Sample Sentence: The parties agreed on an ex-works contract, which meant that the buyer would be responsible for arranging shipping and paying for transportation costs.

Part of Speech: Adverb

Sense 1: Expressing that something is done or happening at or from a seller's premises.

Sample Sentence: The goods were shipped ex-works, and the buyer had to arrange for their own means of transportation.

Related Products on Amazon:

• Ex-Works Contract
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• Ex-Works in International Trade