Delivered-at-place (DAP) is an international trade term used to describe a deal in which a seller agrees to pay all costs and suffer any potential losses of moving goods sold to a specific location.

What does delivery terms DAP mean?

Customs Export Global Trade Import incoterms. When goods are bought or sold “Delivery at Place” (DAP) it means that the Seller delivers the goods to a place previously agreed to by the seller and the buyer. This can be any location.

Is DAP a real word?

Slang. a stylized gesture of greeting, congratulation, or solidarity in which two people join hands in a nontraditional handshake grip, bump fists, snap fingers, etc., often concluding with a one-armed hug: players giving dap and high-fives to fans after the game.