Carriage Paid To

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Carriage Paid To (uncountable) (abbreviated CPT)

  1. (incoterm) Meaning the seller pays for the freight to the named destination, but the buyer pays for the insurance during the transportation.

Usage notes[edit]

This is followed by the place of destination, i.e. Carriage Paid to New York City, or more usually CPT New York City

See also[edit]