Definition of incoterm:
(n) :
(international trade) Any of a series of international sales terms that divide transaction costs and responsibilities between the buyer and seller.
(n) :
Alternative form of Incoterm. [(international trade) Any of a series of international sales terms that divide transaction costs and responsibilities between the buyer and seller.]
(n) :
Alternative letter-case form of Incoterm. [(international trade) Any of a series of international sales terms that divide transaction costs and responsibilities between the buyer and seller.]