FOB (Free On Board) is a term in international commercial law specifying at what
point the ... Indicating "FOB port" means that the seller pays for transportation of
the goods to the port ...
The initials FOB stand for either "free on board" or "freight on board." Either way, it
has the same definition. When using the term in business, buyers and sellers ...
In the United States, free on board or freight on board is usually followed by ...
State law, can vary greatly and usually determines the final meaning of each of
Definition: FOB destination is a contraction of the term "Free on Board ... must be
aware of the new delivery terms, so that it does not bill freight to the customer.
Definition of free on board (FOB): Term of sale under which the price invoiced or
quoted by a seller includes all charges up to placing the goods on board a ship ...
legal-dictionary.thefreedictionary.com/Freight On Board
Definition of Freight On Board in the Legal Dictionary - by Free online English
dictionary and encyclopedia. What is Freight On Board? Meaning of Freight On ...
FOB, Free On Board, is a transportation term that indicates that the price for
goods includes ... QUICK REFERENCE| MEANING OF THE TERMS OF SALE.
The term, FOB Shipping Point, indicates that the sale occurred at the shipping
point—at the seller's shipping dock. FOB Destination indicates that the sale will ...
With terms of FOB shipping point the title to the goods usually passes to the buyer
at the shipping point. This means that goods in transit should be reported as a ...
Best Answer: Free On Board (FOB) is an Incoterm. It means that the seller pays
for transportation of the goods to the port of shipment, plus loading costs.