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

Word History and Origins

Origin of ex-works¹

First recorded in 1965–70

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.

Read more on 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.

Read more on Forbes