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Word: free on board (lookup usage) (lookup stats)


Meaning:

Adjective:

  • incoterm without charge to the purchaser for delivery on board a carrier (originally a ship), at a specified location or point; used in such phrases as ''FOB destination'' to specify the point where the title of goods passes from the seller to the buyer
  • Lowercase form of '''Free On Board'''.

Source: Wiktionary | Src Info »