Free-on-board meaning

Without charge to the purchaser for delivery on board or into a carrier at a specified point or location.
adverb
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Delivered (by the seller) aboard the train, ship, etc. at the point of shipment, without charge to the buyer.
noun
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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.
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(incoterm) Without charge to the purchaser for delivery on board a carrier (originally a ship), at a specified location or point; used in such phrases as FOB destination to specify the point where the title of goods passes from the seller to the buyer.
adjective
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