Simple English definitions for legal terms
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DDP stands for Delivered Duty Paid. This means that when you buy something, the seller is responsible for getting it to you and paying any taxes or fees that come with it. It's like having a delivery person who takes care of everything for you. DDP can also stand for Disclosure Document Program, which is a way for companies to share important information with their investors.
Definition: DDP is an abbreviation that can stand for two different things:
Examples:
These examples illustrate the two different meanings of DDP. In the first example, DDP refers to a specific type of international trade transaction where the seller is responsible for delivering the goods and paying all associated costs. In the second example, DDP refers to a program used by the SEC to help investors make informed decisions about investing in securities.