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Termi Terms

Termination of contracts

Termination clauses in international contracts, specially agency and distribution contracts, usually involve rights under local legislation and it is best that a contract is revised by a local lawyer before signature, rather than after a relationship has ended and a…

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Terms and Conditions (TS & Cs)

The terms and conditions that detail the rules that apply to fulfilling a particular contract and that form an integral part of that contract. Buyers and sellers must agree the terms and conditions to form a contract. In international trade…

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Terms of sale

This expression refers to the price quotation for a specific product. It states the price for the product as a specified delivery location, sets the time of shipment and specifies payment terms. The responsibilities of the buyer and the seller…

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Terms of trade

The ratio of unit value prices of a country´s exports to the unit value prices of its imports.

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