Carriage Paid To

English

Noun

Carriage Paid To (uncountable) (abbreviated CPT)

  1. (Incoterm) The seller pays for the freight to the named destination, but the buyer pays for the insurance during the transportation.
    Coordinate term: carriage forward

Usage notes

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