adjective British.

direct from the factory, excluding delivery costs, distribution costs, retail commission, etc.: the ex-works price.

Origin of ex-works

First recorded in 1965–70
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British Dictionary definitions for ex works

ex works

adverb, adjective

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