What Does Ex Works Mean?

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What does Ex Works mean? Read on to discover the definition & meaning of the term Ex Works - to help you better understand the language used in insurance policies.

Ex Works

Ex Works

Ex works is a trade term that means that the goods being shipped are prepared by the seller in the seller's property, such as a warehouse, store, or factory, for the buyer to then pick up and transport elsewhere.

We hope the you have a better understanding of the meaning of Ex Works.

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