Term | Definition |
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CPT | With the development of the world transport system, the concept of freight has spread to air (English air freight) and land (English land freight) transport. When using this term, the seller is obliged to conclude a contract of carriage and bear the transportation costs necessary to deliver the goods to the agreed destination. When using the term CPT, the seller transfersproductto the carrier or another person nominated by the seller, at an agreed place (if such a place is agreed by the parties and fulfills its obligation to deliver. The term contains two critical points, becauseriskand the expenses are transferred in two different places. |