Definition of Ex works:
Refers to or relates to goods sold directly from the factory or manufacturing location.
Directly from factory or manufacturing site.
Fees are included only at the seller's premises or locally. All subsequent costs, such as shipping, sales and commission, are borne by the buyer. Especially the English term. See also Free On Board (FOB).
How to use Ex works in a sentence?
- The company has an external strategy, so I have to pay a part because I bought it.
- A factory rally car.
- Being able to estimate the potential cost of an older plant simplifies the total budget of the project.
- If you want to know how much it will cost to launch your new product, you need to be able to predict everything immediately.
Meaning of Ex works & Ex works Definition