free on board

adj. & adv. Abbr. FOB Without charge to the purchaser for delivery on board or into a carrier at a specified point or location.

free on board

adj (Commerce) (of a shipment of goods) delivered on board ship or other carrier without charge to the buyer. Abbreviation: FOB or f.o.b Compare free alongside ship

fob¹

(fɒb)

n. 1. a watch pocket just below the waistline in trousers. 2. a short chain or ribbon, usu. with a medallion or similar ornament, attached to a watch and worn hanging from a pocket. 3. the medallion or ornament itself. [1645–55; orig. uncertain; compare dial. German Fuppe pocket]

fob²

(fɒb)

v.t. fobbed, fob•bing. 1. Archaic. to cheat; deceive. 2. fob off, a. to induce someone to take (something inferior); palm off. b. to put (someone) off by deception or trickery: She fobbed us off with phony excuses. [1350–1400; Middle English; akin to German foppen to delude; compare fob¹]

fob

or f.o.b. or FOB or F.O.B.,

free on board: without charge to the buyer for goods placed on board a carrier at the point of shipment.

free on board

Free on board (FOB)

Implies that distribution services like transport and handling performed on goods up to the customs frontier (of the economy from which the goods are classed as merchandise) are included in the price.

Free On Board

In maritime international commerce, an agreement between a seller and a buyer indicating that the seller has fulfilled his/her obligation to deliver a good when he/she has transferred it to the ship on which it will be transported. All cost and risk transfers to the buyer when the good crosses the ship's rail. The buyer designates the ship onto which the seller must deliver the good. See also: United Nations Convention on Contracts for the International Sale of Goods, Incoterm.

free on board (FOB)

Used in commodities contracts to indicate the geographical point to which delivery is included in the price. After this point, the buyer is responsible for all risks and delivery costs. The FOB point is only important to someone who sells or buys a futures contract with the intention of making or taking delivery of the specific commodity.

free on board (f.o.b.)

a term used to denote the respective contractual obligations of sellers and buyers of a good which is exported. Under a f.o.b. contract the seller pays the cost of transporting the goods to the port of shipment and loading charges, plus all insurance cover up to this point. From then on it is the buyer who bears the cost of transporting, and insuring, the good to its final destination. See COST, INSURANCE AND FREIGHT, COST AND FREIGHT, EXPORTING.

单词	free on board
释义	free on board free on board adj. & adv. Abbr. FOB Without charge to the purchaser for delivery on board or into a carrier at a specified point or location. free on board adj (Commerce) (of a shipment of goods) delivered on board ship or other carrier without charge to the buyer. Abbreviation: FOB or f.o.b Compare free alongside ship fob¹ (fɒb) n. 1. a watch pocket just below the waistline in trousers. 2. a short chain or ribbon, usu. with a medallion or similar ornament, attached to a watch and worn hanging from a pocket. 3. the medallion or ornament itself. [1645–55; orig. uncertain; compare dial. German Fuppe pocket] fob² (fɒb) v.t. fobbed, fob•bing. 1. Archaic. to cheat; deceive. 2. fob off, a. to induce someone to take (something inferior); palm off. b. to put (someone) off by deception or trickery: She fobbed us off with phony excuses. [1350–1400; Middle English; akin to German foppen to delude; compare fob¹] fob or f.o.b. or FOB or F.O.B., free on board: without charge to the buyer for goods placed on board a carrier at the point of shipment. Free on Board Free on Board (f.o.b.), a commercial expression used to describe certain sales of goods that are shipped by sea. When goods are sold on an f.o.b. basis, the seller is responsible for transporting the goods to the port and loading them on board ship; the expenses incurred are included in the selling price. In certain ports, however, the buyer pays the loading expenses even when the goods are purchased f.o.b. Responsibility for damage and spoilage is borne by the seller until the goods are on board ship, after which it passes to the buyer. Under the General Conditions of the Council for Mutual Economic Assistance, both ownership and responsibility for damage and spoilage pass from the seller to the buyer simultaneously. MedicalSeefree free on board Related to free on board: bill of lading, Incoterms, Cost and Freight 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. free on board Free on board (FOB) Implies that distribution services like transport and handling performed on goods up to the customs frontier (of the economy from which the goods are classed as merchandise) are included in the price. Free On Board In maritime international commerce, an agreement between a seller and a buyer indicating that the seller has fulfilled his/her obligation to deliver a good when he/she has transferred it to the ship on which it will be transported. All cost and risk transfers to the buyer when the good crosses the ship's rail. The buyer designates the ship onto which the seller must deliver the good. See also: United Nations Convention on Contracts for the International Sale of Goods, Incoterm. free on board (FOB) Used in commodities contracts to indicate the geographical point to which delivery is included in the price. After this point, the buyer is responsible for all risks and delivery costs. The FOB point is only important to someone who sells or buys a futures contract with the intention of making or taking delivery of the specific commodity. free on board (f.o.b.) a term used to denote the respective contractual obligations of sellers and buyers of a good which is exported. Under a f.o.b. contract the seller pays the cost of transporting the goods to the port of shipment and loading charges, plus all insurance cover up to this point. From then on it is the buyer who bears the cost of transporting, and insuring, the good to its final destination. See COST, INSURANCE AND FREIGHT, COST AND FREIGHT, EXPORTING. AcronymsSeeflat on back
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free on board

free on board

free on board

fob1

fob2

fob

or f.o.b. or FOB or F.O.B.,

Free on Board

Free on Board

free on board

free on board (FOB)

free on board

Free on board (FOB)

Free On Board

free on board (FOB)

free on board (f.o.b.)

fob¹

fob²