Free Carrier - FCA

Free Carrier - FCA
A trade term requiring the seller to deliver goods to a named airport, terminal, or other place where the carrier operates. Costs for transportation and risk of loss transfer to the buyer after delivery to the carrier.

When used in trade terms, the word "free" means the seller has an obligation to deliver goods to a named place for transfer to a carrier.

Contracts involving international transportation often contain abbreviated trade terms that describe matters such as the time and place of delivery and payment, when the risk of loss shifts from the seller to the buyer, and who pays the costs of freight and insurance.

The most commonly known trade terms are Incoterms, which are published by the International Chamber of Commerce (ICC). These are often identical in form to domestic terms, such as the American Uniform Commercial Code, but have different meanings. As a result, parties to a contract must expressly indicate the governing law of their terms.

It's important to realize that because this is a legal term, its exact definition is much more complicated and differs by country. It is recommened that you contact an international trade lawyer before using any trade term.

Investment dictionary. . 2012.

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Look at other dictionaries:

  • Free Carrier — (FCA) is an Incoterm. It must always be used in conjunction with a named place . The seller delivers the goods into the custody of the first carrier, and this is where risk passes from seller to buyer. The buyer pays for the transportation from… …   Wikipedia

  • Free Carrier — ( FCA) An Incoterm meaning that the cost, risk and responsibility shift from the seller to the buyer when the goods are turned over to a carrier at a designated place. Bloomberg Financial Dictionary * * * free carrier free carrier ➔ Incoterm * *… …   Financial and business terms

  • Free Carrier — FCA est un Incoterm qui signifie Free Carrier Cet Incoterm peut être utilisé pour tous les modes de transport, y compris les multimodaux. Le vendeur livre les marchandises aux mains du premier transporteur, soit au départ (marchandise chargée),… …   Wikipédia en Français

  • Free carrier — Las siglas FCA (acrónimo del término en inglés Free Carrier, «franco transportista, lugar convenido») se refieren a un incoterm, o cláusula de comercio internacional, que se utiliza para operaciones de compraventa internacional. En su formulación …   Wikipedia Español

  • Free Carrier — У этого термина существуют и другие значения, см. Free. Области действия терминов Инкотермс. FCA (англ.  …   Википедия

  • Free Carrier — Named Place, ⇡ FCA …   Lexikon der Economics

  • FCA — Abbreviation for the Free Carrier * * * FCA FCA noun 1. used after the name of a Fellow of the Association of Chartered Accountants; a chartered accountant who is a member of the association and who has reached a certain level of skill in his or… …   Financial and business terms

  • FCA — Области действия терминов Инкотермс. FCA (англ. Free Carrier) или Франко перевозчик (…с указанием места) торговый термин, включённый в Инкотермс и означающий, что продавец выполняет своё обязательство по поставке, когда он поставляет то …   Википедия

  • FCA — may refer to:In economics:* False Claims Act, United States federal law * Fellow of Chartered Accountants, member of the largest English and Welsh accountancy body for chartered accountants and auditors * Ferengi Commerce Authority, group made… …   Wikipedia

  • free — (izg. frȋ) prid. <indekl.> DEFINICIJA 1. trg. koji je bez obaveza, dopušten, na kojem nema zapreka, koji nije vezan, kojeg ništa ne sprečava u djelovanju; slobodan, usp. franko 2. pravn. ekon. dio klauzule obveznih ugovora ili ponuda,… …   Hrvatski jezični portal

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