Meaning of “ex-works” in the English Dictionary

"ex-works" in Business English

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uk us also ex-factory TRANSPORT

used for stating that the buyer of goods is responsible for arranging and paying for them to be transported from the seller's factory:

Normal payment terms for ex-works transactions are generally cash in advance.

The product was manufactured in California and shipped ex-works.

(Definition of “ex-works” from the Cambridge Business English Dictionary © Cambridge University Press)