FOB Definition

InvestorWords.com

FOB

Definition

Free On Board. A shipping term which indicates that the supplier pays the shipping costs (and usually also the insurance costs) from the point of manufacture to a specified destination, at which point the buyer takes responsibility.

This content can be found on the following page:

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback@investorguide.com

Tools

email to a friend
print this definition
cite this definition
link to this page

'FOB' appears in the definitions of these other terms on BusinessDictionary.com

INCOTERMS, buyer's right to routing, charges collect, charges forward, collect freight, and

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z