Context is: trade term. An international commercial term (Incoterm), meaning "delivered duty paid," that is used in international sales contracts to signify the maximum obligation (just as EXW signifies the minimum obligation) on the seller's part. The seller is responsible for all risks and costs incurred to have goods delivered to a named destination. This includes the obligation to contract and pay for freight and transportation costs, unloading fees, export and import licensing fees, and other taxes. The buyer is obligated only to assist in obtaining any import license or other official authorization necessary to import the goods. See also CFR; CIF; CIP; CPT; DAF; DDU; DEQ; DES; EXW; FAS; FCA; FOB; Incoterms.