Carriage Paid To
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English
Noun
Carriage Paid To (uncountable) (abbreviated CPT)
- (Incoterm) The seller pays for the freight to the named destination, but the buyer pays for the insurance during the transportation.
- Coordinate term: carriage forward
Usage notes
- This is followed by the place of destination, i.e. Carriage Paid to New York City, or more usually CPT New York City.