Incoterms 2020
从价
A Latin term meaning 'according to value,' used for duties, taxes, or charges calculated as a percentage of the declared value of goods in customs, insurance, or freight contracts.
Quick answer: A Latin term meaning 'according to value,' used for duties, taxes, or charges calculated as a percentage of the declared value of goods in customs, insurance, or freight contracts.
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Quick answer
A Latin term meaning 'according to value,' used for duties, taxes, or charges calculated as a percentage of the declared value of goods in customs, insurance, or freight contracts.
Why it matters
从价 matters because it supports clear communication in Incoterms 2020 contexts for Freight Forwarders, Supply Chain Managers, and Customs Brokers. It also connects to aviation training and exam language such as FIATA Diploma, CILT Certification, and IATA DGR.
Editorial context
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