ex quay - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “ex quay”

ex quay

adjective
 
 
( abbreviation EXQ, also ex dock, also ex wharf)
TRANSPORT in international trade, used for stating that the seller of goods is responsible for transporting them by ship to a particular port, but the buyer is responsible for them once they have been removed from the ship: ex quay delivery →  See also delivered ex quay
ex quay duty on buyer's account TRANSPORT, TAX used for stating that a seller is responsible for exporting goods to a particular port, and the buyer will pay tax on those goods
ex quay duty paid TRANSPORT, TAX used for stating that a seller is responsible for exporting goods to a particular port and for paying tax on those goods
ex quay adverb
(Definition of ex quay from the Cambridge Business English Dictionary © Cambridge University Press)
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