What is Freight Prepaid?
Freight Prepaid A shipping instruction indicating that the seller has paid freight charges to carrier, but risk transfers per agreed Incoterm.
Source: Incoterms 2020 (ICC), FIATA, IATA DGR, WCO
How is “Freight Prepaid” Used in Practice?
The B/L shows 'Freight Prepaid', indicating the seller has settled transportation costs to the carrier.
Certification Exam Relevance
Who Needs to Know This Term?
- Freight Forwarders
- Supply Chain Managers
- Customs Brokers
Learn “Freight Prepaid” Free with Termify
Master Freight Prepaid and 4,071+ professional terms with native pronunciation, IPA transcriptions and career quizzes. 100% free, forever.
Download Free for iOSFrequently Asked Questions
What is Freight Prepaid?
A shipping instruction indicating that the seller has paid freight charges to carrier, but risk transfers per agreed Incoterm.
Where can I learn this term for free?
Termify is a 100% free professional English app that teaches Freight Prepaid and 4,071+ other industry terms with native pronunciation, IPA transcriptions and career quizzes. Available on iOS in 23 languages. No subscription, no credit card required.
Last updated: