DDP meaning in Business ?

Answer:

What is Delivered Duty Paid mean?

The Incoterms or International Commercial Terms are a series of pre-defined commercial terms published by the International Chamber of Commerce (ICC) relating to international commercial law. They are widely used in international commercial transactions or procurement processes and their use is encouraged by trade councils, courts and international lawyers. A series of three-letter trade terms related to common contractual sales practices, the Incoterms rules are intended primarily to clearly communicate the tasks, costs, and risks associated with the global or international transportation and delivery of goods. Incoterms inform sales contracts defining respective obligations, costs, and risks involved in the delivery of goods from the seller to the buyer, but they do not themselves conclude a contract, determine the price payable, currency or credit terms, govern contract law or define where title to goods transfers.

The Incoterms rules are accepted by governments, legal authorities, and practitioners worldwide for the interpretation of most commonly used terms in international trade. They are intended to reduce or remove altogether uncertainties arising from the differing interpretations of the rules in different countries. As such they are regularly incorporated into sales contracts worldwide.

"Incoterms" is a registered trademark of the ICC.

The first work published by the ICC on international trade terms was issued in 1923, with the first edition known as Incoterms published in 1936. The Incoterms rules were amended in 1953, 1967, 1976, 1980, 1990, 2000, and 2010, with the ninth version — Incoterms 2020 — having been published on September 10, 2019.

reference

Full Form	Category
Dorado	Airport Code
Delivered Duty Paid	Business
Design and Development Project	Business
Dash Design Professionals	Business
Digital Dane Pictures	Business
Deeply Discounted Pricing	Business
Delivery Duty Paid	Business
Deaf Development Project	Community
Deaf Development Programme	Community
Doctoral Development Plan	Community
Digital Development Processing	Community
Digital Development Process	Community
Distributed Data Processing	Computing
Data Descriptor Protocol	Computing
Device Driver Profile	Computing
Domestic Data Plus	Computing
Data Distribution Program	Computing
Database Descriptor Packet	Computing
Development Data Platform	Computing
Direct Distribution Panel	Computing
Default Domain Policy	Computing
Dolby Digital Plus	Computing
Data Deduplication	Computing
Device Discovery Protocol	Computing
Dynamic Device Personalization	Computing
Dynamic Disk Pools	Computing
Dynamic Data Platform	Computing
Digital Development Partnership	Computing
Data and Digital Platform	Computing
Digital and Developer Platform	Computing
Drive Data Platform	Computing
Os/2 Device Driver Profile File	File Type
Different Drum Productions	General
Disney Dining Plan	General
Drinking Driver Program	General
Drinking Driver Programs	General
Disk Description Protocol	General
Dominicans Don't Play	General
Dell Data Protection	General
Double Digit Penetration	General
Da Dumb Promo	General
Dirtball Dallas Punk	General
Deputy Director for Programs	General
Dream Design Property	General
Demand Driven Planner	General
Digital Defenders Partnership	General
Downtown Detroit Partnership	General
Dual Degree Program	General
Dirty Dirty Pirate	General
Dynamic Disk Pooling	General
Deliver Duty Paid	General
Data Discovery Platform	General
Design and Drawing for Production	General
Doctoral Diversity Program	General
Dynamic Document Packages	General
Deutz Diesel Power	General
Dempsey Del Piero	General
Dynomite Diesel Performance	General
Driver Development Programme	General
Distracted Driving Prevention	General
Dealer Development Platform	General
Domestic Driving Permit	General
Designated Driver Program	General
Detecteur De Pluie	General
Drunk Driving Prevention	General
Deviation of Depth Perception	General
Defensive Driving Program	General
Diet Dr. Pepper	General
D D Productions	General
Defending Dice Pool	General
Dum Dense Pathetic	General
Don't Dis Piper	General
Dimensional Doll Painting	General
Delphi Diagram Portfolio	General
District Data Processing	General
Damn Double Post	General
Drop Decimal Point	General
Delivery Duty P	General
Deliberate Double Posting	General
Detail Design Phase	General
Diamond Dallas Page	General
Distributed Data Protocol	General
Debian Documentation Project	General
Dongdaemun Design Plaza	General
Diagnostic Digital Portfolio	General
Dynamic Drive Pool	General
Decentralized Dance Party	General
Dynamic Document Package	General
Disc Descriptor Protocol	General
Disc Description Protocol	General
Dynamic Deconstructive Psychotherapy	General
Dyadic Developmental Psychotherapy	General
Deluxe Digital Promotion	General
Direct Data Placement	General
DAUDPUR	Indian Railway Station
Distance Diagnostic Project	Medical
Drug Delivery Partnerships	Medical
Disability Determination Process	Medical
Detailed Demonstration Plan	Military and Defence
Detailed Deployment Plan	Military and Defence
Datagram Delivery Protocol	Networking
Dorado, Puerto Rico	Regional
Declaration of Design and Performance	Softwares
Design Development Plan	Space Science
Digital Data Processing	Space Science
Dimond Dallas Page	Sports