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ex-works

[ eks-wurks ]

adjective

, British.
  1. direct from the factory, excluding delivery costs, distribution costs, retail commission, etc.:

    the ex-works price.



ex works

adverb

  1. ex-works when prenominal (of a price, value, etc) excluding the cost of delivery from the factory and sometimes excluding the commission or profit of the distributor or retailer

    the price is £500 ex works

“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word History and Origins

Origin of ex-works1

First recorded in 1965–70
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Example Sentences

The former Soviet republic has been regulating drug prices since 2019, imposing limits on logistics and marketing expenses and mark-ups as a proportion of ex-works prices.

From Reuters

Most companies have tended to make their sourcing decisions based on the wage rate or the ex-works price or the landed cost, and leave out another twenty cost categories.

From Forbes

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