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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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