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free on board
(redirected from Freight On Board)

    Also found in: Dictionary/thesaurus, Financial, Acronyms, Encyclopedia, Wikipedia 0.01 sec.

free on board (FOB) adj. a reference to the place where purchased goods will be shipped without transportation charge. Free on board at the place of manufacture shows there is a charge for delivery. Example: if an automaker in Detroit sells a car "FOB Detroit," then there will be a shipping charge if delivery is taken anywhere else. If the contract reads "FOB New Orleans," then the auto will be shipped to that city without charge, but with charge for delivery from New Orleans to somewhere else.



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Despite potentially enhanced profits, a large portion of America's exportable raw materials are sold at mine site, or Freight on Board (FOB) rail and less often FOB port of loading.
Infrastructure antiquated by Kravitz, L. / Chief Executive (U.S.)
00 None Price Protection Annual increase Firm for 2 years; year 3 capped at 3% Vendor B Freight Terms FOB Destination, Prepay and Absorbed by Seller Payment Terms Net 45 days/2% 10 days Minimum Order None Price Protection Firm for 3 years * Freight on board
Cost-effective purchasing: advice from a GPO by Starr, Mary / Nursing Homes
40am with 295 passengers, 51 cars and some freight on board, but later sailings were delayed as gardai cleared the scene.
CAUGHT UP IN A BOMB NIGHTMARE; 12-hour ordeal of innocent friends in ... by Brophy, Karl; Leslie, Neil / The Mirror (London, England)
 
 
 
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