Definition of Ex works:
Denoting or relating to goods sold direct from the factory or place of manufacture.
Direct from the factory or place of manufacture.
Including charges only up to the sellers factory or premises. All charges from there on, such delivery, distribution, and commissions, are to be borne by the buyer. Mainly a British term. See also free on board (FOB).
How to use Ex works in a sentence?
- The company used an ex works strategy, so I would have to take on some of the cost, since I was the one buying it.
- An ex-works rally car.
- Being able to predict all of the ex works charges you may incur will make it easier to fully budget for a project.
- If you want to know how much it will cost for you to put your new product out you must be able to predict all of the ex works .
Meaning of Ex works & Ex works Definition