Akademik

ex quay

ex quay UK US adjective (ABBREVIATION EXQ, also ex dock, also ex wharf)

► TRANSPORT in international trade, used for stating that the seller of goods is responsible for transporting them by ship to a particular port, but the buyer is responsible for them once they have been removed from the ship: »ex quay delivery

→ See also DELIVERED EX QUAY(Cf. ↑delivered ex quay)

● ex quay duty on buyer's account — Cf. ex quay duty on buyer's account

● ex quay duty paid — Cf. ex quay duty paid

ex quay adverb

► »Structural timber is offered ex quay to your exact specifications.

Financial and business terms. 2012.