Date: 2013-08-05

What Does Delivered At Frontier - DAF Mean?

In international trade, a contract specification requiring the seller to deliver goods to a named destination, usually a border location, by a predetermined time. Up to the border, the seller is responsible for all risks and expenses associated with the delivery.

 Investopedia explains Delivered At Frontier - DAF

Terms used in international trade, such as delivered at frontier, outline who bears the risks and expenses of transporting goods under international transactions. A variety of terms exist for various methods of transportation. Delivered at frontier is most often used when using ground transport, such as truck or rail, to supply the goods.

 

( liyy )31 Dec,2010

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