What Does Fob Price Mean?


FOB means free on board. It is the price of trade goods which is paid before or after they have been loaded onto a ship excluding transport costs, insurance and any other costs incurred.
Q&A Related to "What Does Fob Price Mean?"
FOB is "free on board" items. i.e. the types of items which are not charged. example: free stuff for marketing, for dealers, for regular customers, etc. FOB pricing is accumulating
Hi Ryan - The term FOB means "Free on Board. It has more to do with the title / possesion of the goods than shipping. When the goods are marked FOB, it means that once the
free-on-board pricing Pricing a commodity to include the cost of loading onto freight vehicles at the point of sale but excluding the cost of transporting the goods from the point
Free on Board, that is the shipper pays shipping costs.
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