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Glossary · Incoterms

Transfer of risk

Under the Incoterms 2020 rules, and generally in other contexts, the transfer of risk coincides with delivery. Transfer of risk is therefore tied to the point of delivery under each rule.

Under the 11 Incoterms® 2020 rules, and generally in other contexts, the transfer of risk coincides with delivery.

Source: Place of delivery & risk transfer in trade contracts, ICC Academy. Checked October 13, 2026.

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More incoterms terms

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Definitions are general information, not legal advice. Rules differ by country; check the source and the current regulation before you act on one.

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