The shipping cost to be paid by the buyer of merchandise purchased when the
terms are FOB shipping point.
www.principlesofaccounting.com/illustrative entries/illustrative entry for freight-out and -in.htm
If goods are sold F.O.B. shipping point, the purchaser is responsible for paying
goods that are carried by ships, trains, trucks, or airplanes. : the system by which goods are carried from one place to another. : the amount of money paid for ...
Like many nouns that can mean an action as well as an actual thing,
Goods carried by a vessel or vehicle, especially by a commercial carrier; cargo. 2 . A burden; a load. 3. a. Commercial transportation of goods. b. The charge for ...