free on board Definition
free on board
noun
delivered (by the seller) aboard the train, ship, etc. at the point of shipment, without charge to the buyer
free on board Synonyms
free on board (FOB) Finance Definition
A term used in the transportation industry to describe
a transaction in which the seller provides a commodity at an agreed unit price
at a specified loading point during a certain time period. The buyer has to
arrange for transportation and insurance from that specified loading point.
Browse dictionary entries near free on board
- ‹ free market
- ‹ free lunch
- ‹ free love
- ‹ free-living
- ‹ free list
- ‹ free lance
- ‹ free kick
- ‹ free hand
- ‹ free-form
- ‹ free-for-all
- free port ›
- free radical ›
- free-range ›
- free ride ›
- free-riding ›
- free safety ›
- free silver ›
- Free Software Foundation ›
- free soil ›
- free space ›
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