F.A.S. legal definition of F.A.S.
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F.A.S. the abbreviation for ‘free alongside’, a special type of sale of goods developed by commerce. The buyer pays for the freight, the insurance and export and import duties. The seller bears the cost of delivering the goods to the ship. See CIF, F.O.B., F.O.R.
Collins Dictionary of Law © W.J. Stewart, 2006
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