"Ex-works" Pronounce,Meaning And Examples
"Ex-works" Natural Recordings by Native Speakers
"Ex-works" Meaning
Ex-works is a term used in international trade and commerce that means the price of a product or commodity includes all the costs incurred by the seller up to the point of delivery at their premises. It does not include any costs related to transportation or insurance of the goods from the seller's premises to the buyer's location.
"Ex-works" Examples
Ex-Works
Ex-works is a phrase used to describe goods that are delivered at the seller's premises, with the buyer responsible for transporting them to their destination.
Examples:
The company sold the machinery ex-works, which meant the buyer had to arrange for transportation to their factory.
The contract specified that the goods would be delivered ex-works, and the buyer would be responsible for any customs clearance.
Because the goods were to be delivered ex-works, the buyer had to consider the cost of transportation when calculating the total cost.
The seller will deliver the goods ex-works, without any additional charges for logistics or shipping.
In an ex-works sale, the risk of damage or loss passes to the buyer once the goods are transferred to the buyer's transportation provider.
"Ex-works" Similar Words
Ex-governor
An ex-governor is a person who previously held the office of governor, but is no longer serving in that position due to resignation, retirement, defeat in an election, or completion of a term.
Ex-gratia
Ex-gratia refers to a payment or compensation made voluntarily by an organization or individual, usually as a gesture of goodwill or in response to a special situation, rather than as a matter of legal obligation or routine procedure. It is often used to describe a payment made without admission of liability or compensation for a wrong or harm.
Ex-husband
A person who was previously married to someone but is no longer married to them, having gotten a divorce.
Ex-officio
Ex-officio is a Latin phrase that means "by virtue of office" or "by right of office". It refers to a person who holds a position or office because of their previous office or position, without having to be formally elected or appointed to the new one.
Ex-serviceman
Ex-servicemen
Ex-servicemen refers to people who have served in the military or defense forces in the past, but are no longer serving.
Ex-voto
Ex-wife
Ex-yugoslavia
The term "ex-Yugoslavia" refers to the countries that formerly made up the socialist federal republic of Yugoslavia, which existed from 1918 to 1992. Yugoslavia was a federation of six republics: Bosnia and Herzegovina, Croatia, Macedonia, Montenegro, Serbia, and Slovenia. Following the breakup of Yugoslavia in the early 1990s, these six republics declared independence and became separate countries. Today, the region is often referred to as the Balkans, and the term "ex-Yugoslavia" is used to refer specifically to the former Yugoslav republics.
Ex
The word "ex" is a prefix meaning "former" or "previous". It can also be used as an abbreviation for "excellent" or "excluded".
Exabit
Exabyte
Exabytes
Exacerbate
To exacerbate something means to make a situation, a problem, or a bad feeling worse. This can be done by taking an action that adds to an existing difficulty, or by making a situation more complicated or intense. Examples of exacerbate include adding fuel to a fire, making a wound more painful, or increasing the seriousness of a situation.
Exacerbated
Exacerbated is a verb that means to make a bad situation or a problem worse. For example: "The heat wave exacerbated the city's already poor air quality, causing widespread respiratory issues." It can also mean to intensify or increase the severity of something, such as an injury, a feeling, or a situation.