free on board (FOB)

  

Definition

Term of sale under which the price invoiced or quoted by a seller includes all charges up to placing the goods on board a ship at the port of departure specified by the buyer. Also called collect freight, freight collect, or freight forward.

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free on board (FOB) is...

... in the subjects
Banking, Commerce, Credit, & Finance
International Trade & Relations
Purchasing & Procurement
Shipping, Transport, & Travel

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