English

Noun

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

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

• Carriage and Insurance Paid to