ex-factory definition

ex-factory means ex-works as such term is defined by the Incoterms 2000;
ex-factory. , means the selling price excluding value added tax and discounts;
ex-factory means the prices prevailing at the factory gate. When a seller quotes to a buyer “ex-factory price’, it means that the freight and transit insurance costs are to the buyer’s account. In other words, the seller will charge the costs of freight and insurance to the buyer. The more distant customers’ landed costs are higher because of freight cost.

Examples of ex-factory in a sentence

  • Cost of Loading, Freight, and Insurance from EX-FACTORY shall be borne by DEALER.

  • The price for MACHINES shall be EX-FACTORY according to the current MILNOR pricing policies as may be revised from time to time at MILNOR’s sole discretion.

  • The price for MACHINES shall be EX-FACTORY according to the current MILNOR pricing policies as may or may not be updated from time to xxxxx at MILNOR's sole discretion.


More Definitions of ex-factory

ex-factory. ’ a trade term which means the seller fulfills its obligations to deliver when the seller make the goods available to the buyer at a specified place

Related to ex-factory

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