what is meaning of cpt

what is meaning of cpt CPT stands for Carriage Paid To, an Incoterm used in international trade. Under CPT, the seller is responsible for the transportation and delivery of goods to a specified destination, including the payment of freight charges. Once the goods reach the designated destination, the risk is transferred to the buyer. However, the seller assumes responsibility for all transport costs up until the goods are delivered to the agreed-upon location.