HomeDefinitionsCompareDebt DutyThe financial definition for Duty:A tax on imports, exports, or consumption goods. Similar MatchesAccount Ad Valorem DutyAccount Ad Valorem DutyAn imported merchandise tax expressed as a percentage. Delivered Duty Paid (DDP)Delivered Duty Paid (DDP)Seller must supply the goods at his or her own risk and expense to a named place in the country of importation. The seller is responsible for importation, payment of duty, and on carriage to the location agreed upon with the buyer. Delivered Duty Unpaid (DDU)Delivered Duty Unpaid (DDU)Seller fulfills the contract obligations when the goods have arrived at a named place in the importing country. The seller bears all the costs and risk except for import duties and other customs clearance costs. Further SuggestionsStamp dutyClick to compare definitions of Duty Click to view definitions beginning du |