Home > Term: freight on board (FOB)
freight on board (FOB)
When something is purchased and paid for with terms 'FOB origin' it means the responsibility of the seller stops when the 'goods' are delivered to the transporting company at the point of origin. It is the responsibility of the buyer to pay for transportation.
- Part of Speech: noun
- Industry/Domain: Convention
- Category: Conferences
- Company: CIC
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- Apxhbt
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