Delivered Duty Unpaid - DDU

A transaction in international trade where the seller is responsible for making a safe delivery of goods to a named destination, paying all transportation expenses but not the duty. The seller bears the risks and costs associated with supplying the good to the delivery location, where the buyer becomes responsible for paying the duty and other customers clearing expenses.

Incoterms, like DDU, are contract specifications outlining who bears the costs and risks of international transactions. Some incoterms specify where in the transaction process the delivery risks shift from seller to buyer, while others determine who incurs expenses.

It's important to realize that because this is a legal term, its exact definition is much more complicated and differs by country. It is suggested that you contact an international trade lawyer before using any trade term.


Investment dictionary. . 2012.

Look at other dictionaries:

  • Delivered Duty Unpaid — noun Meaning the seller delivers the goods to the named destination, and pays for all transportation expect for the unloading, duty and the further transportation to a named place in the country of import, which is the responsibility of the buyer …   Wiktionary

  • unpaid — UK US /ʌnˈpeɪd/ adjective ► ACCOUNTING used to describe a debt, tax, etc. that has not been paid: unpaid debt/fines/taxes » The oil giant s accounts were frozen by authorities seeking to recover $3.4bn in unpaid taxes. unpaid… …   Financial and business terms

  • Delivered Ex Quay — ( DEQ) Seller fulfills the contract obligations to deliver when the goods are made available to the buyer at the wharf of the destination port. A DEQ can further specify Duty Paid or Duty Unpaid. If Duty Paid is specified, the seller is… …   Financial and business terms

  • Delivered Ex Quay - DEQ — In international trade, a contract specification where the seller must deliver the goods to the wharf at the destination port. Delivered ex quay may be noted as having duty paid or unpaid. If it is marked as paid, the seller is responsible for… …   Investment dictionary

  • Projet:Transports/Index des articles — Le but de cette liste est de regrouper les articles touchant au domaine du transport, à l exception de ceux gèrés par les sous projets ou projets annexes: les Projet:Aéronautique, Projet:Automobile, Projet:Chemin de fer, Projet:Transports en Île… …   Wikipédia en Français

  • DEQ — Abbreviation for the Incoterm Delivered Ex Quay . Bloomberg Financial Dictionary Seller fulfills the contract obligations to deliver when the goods are made available to the buyer at the wharf of the destination port. A DEQ can further specify… …   Financial and business terms

  • paid — [peɪd] adjective 1. paid work is work which you receive money for: • It will become increasingly difficult for those over retirement age to obtain any paid work with which to supplement their pension. 2. HUMAN RESOURCES a paid worker receives… …   Financial and business terms

  • Поставка с оплатой пошлины (...указанное место назначения) — торговый термин, включенный в Инкотермс и означающий, что продавец выполняет свое обязательство по поставке, когда он поставляет товар покупателю, очищенным от пошлины на импорт, и не разгруженным с каких либо прибывших транспортных средств в… …   Финансовый словарь

  • ДЕК — доставлено до причала, включая оплату пошлины (до указанного порта назначения) (DEQ Delivered ex Quary (Duty Paid (named port of destination)) условие поставки и оплаты товара для использования при морской или внутренней водной перевозке.… …   Внешнеэкономический толковый словарь

  • United Kingdom — a kingdom in NW Europe, consisting of Great Britain and Northern Ireland: formerly comprising Great Britain and Ireland 1801 1922. 58,610,182; 94,242 sq. mi. (244,100 sq. km). Cap.: London. Abbr.: U.K. Official name, United Kingdom of Great… …   Universalium

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