free on board definition

  • adjective:
    • at no cost into purchaser for distribution up to speed or into a carrier at a specified point or location.
    • without charge to your buyer for delivery agreeable a carrier (originally a ship), at a specified location or point; found in such phrases as FOB destination to specify the point where the name of goods passes through the seller into the purchaser

Related Sources

  • Agriculture Dictionary for "free on board"
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