FOB (Free On Board) is a term in international commercial law specifying at what
point ... FOB terms do not define transfer of ownership of the goods. Ownership ...
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 ...
Jun 8, 2012 ... In my role at Transportation Insight, clients and prospects are constantly asking
me the meaning of the acronym FOB. In fact, I recently visited a ...
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.
Aug 15, 2016 ... If the terms of sale show "FOB origin," then this means that the buyer will take title
for the goods when they are shipped and they will incur all the ...
What does 'Free On Board - FOB' mean. Free on board (FOB) is a trade term that
indicates whether the seller or the buyer has liability for goods that are ...
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 ...
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 ...
FOB, Free On Board, is a transportation term that indicates that the price for
goods includes ... QUICK REFERENCE| MEANING OF THE TERMS OF SALE.
Accountants report a merchandiser's and a manufacturer's revenues when a sale
is made. The term, FOB Shipping Point, indicates that the sale occurred at the ...