Delivered Duty Paid - DDP

AAA

DEFINITION of 'Delivered Duty Paid - DDP'

A transaction in which the seller must pay for all of the costs related to transporting the goods and is responsible in full for the goods until they have been received and transfered to the buyer. This includes paying for the shipping, the duties and any other expenses incurred while shipping the goods.

INVESTOPEDIA EXPLAINS 'Delivered Duty Paid - DDP'

This type of delivery agreement places all of the risks and costs with the seller of the good until delivery is made. If the goods are damaged or lost in transit, the seller will be responsible for the costs.

RELATED TERMS
  1. Cost and Freight - CFR

    A trade term requiring the seller to arrange for the carriage ...
  2. Cost, Insurance and Freight - CIF

    A trade term requiring the seller to arrange for the carriage ...
  3. Free Carrier - FCA

    A trade term requiring the seller to deliver goods to a named ...
  4. Delivered Ex Ship - DES

    A trade term requiring the seller to deliver goods to a buyer ...
  5. Logistics

    The overall management of the way resources are obtained, stored ...
  6. The Bond Buyer

    The Bond Buyer is a municipal bond market daily trade publication. ...
Related Articles
  1. What Is International Trade?
    Personal Finance

    What Is International Trade?

  2. Globalization: Progress Or Profiteering?
    Economics

    Globalization: Progress Or Profiteering?

  3. China's GDP Examined: A Service-Sector ...
    Economics

    China's GDP Examined: A Service-Sector ...

  4. Main Characteristics of Capitalist Economies
    Economics

    Main Characteristics of Capitalist Economies

Hot Definitions
  1. Return On Sales - ROS

    A ratio widely used to evaluate a company's operational efficiency. ROS is also known as a firm's "operating profit margin". ...
  2. Halloween Strategy

    An investment technique in which an investor sells stocks before May 1 and refrains from reinvesting in the stock market ...
  3. Halloween Massacre

    Canada's decision to tax all income trusts domiciled in Canada. In October 2006, Canada's minister of finance, Jim Flaherty, ...
  4. Zombies

    Companies that continue to operate even though they are insolvent or near bankruptcy. Zombies often become casualties to ...
  5. Witching Hour

    The last hour of stock trading between 3pm (when the bond market closes) and 4pm EST. Witching hour is typically controlled ...
  6. October Effect

    The theory that stocks tend to decline during the month of October. The October effect is considered mainly to be a psychological ...
Trading Center