Copyright © Philip M. Parker, INSEAD. Terms of Use.

FREE ON BOARD

Specialty Definition: FREE ON BOARD

DomainDefinition

Agriculture

Indicates that the seller assumes all responsibilities and costs up to the specific point or stage of delivery named including transportation, packing, insuring, etc. A wide variety of f.o.b. terms is used, such as f.o.b. factor Detroit, f.o.b. cars New York, f.o.b. ship Norfolk. "Free on board vessel," under most P.L. 480 grain contracts, means delivery at the discharge end of the loading spout. (F.O.B. or f.o.b.). (references)

Mining

A. Price of consignment to a customer when delivered, with all prior charges paid, onto a ship or truck b. Free on rail (f.o.r.) describes similar delivery to rai. (references)

Shipping

Shipped under a rate that includes costs of delivery to and the loading onto a carrier at a specified point. - FOB Freight Allowed: The same as FOB named inland carrier, except the buyer pays the transportation charge and the seller reduces the invoice by a like amount. - FOB Freight Prepaid: The same as FOB named inland carrier, except the seller pays the freight charges of the inland carrier. - FOB Named Point of Exportation: Seller is responsible for the cost of placing the goods at a named point of exportation. Some European buyers use this form when they actually mean FOB vessel. - FOB Vessel: Seller is responsible for goods and preparation of export documentation until actually placed aboard the vessel. (references)
 See Terms of Sale. (references)

Source: compiled by the editor from various references; see credits.

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Specialty Definition: Free on board

(From Wikipedia, the free Encyclopedia)

Free on board, almost always abbreviated to f.o.b, is a term used in international trade. The f.o.b. price of a traded good is the price excluding its transport cost.

Compare c.i.f (cost, insurance and freight).

Source: adapted by the editor from Wikipedia, the free encyclopedia under a copyleft GNU Free Documentation License (GFDL) from the article "Free on board."

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Crosswords: FREE ON BOARD

Specialty definitions using "FREE ON BOARD": F.O.BImport saleTerms of Sale. (references)

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Non-Fiction Usage: FREE ON BOARD

SubjectTopicQuote

Business

Imports with a free on board (FOB) value over US$ 5,000 are also subject to a pre-shipment inspection, at port of shipment, which must be done by one of two selected supervision services companies, namely Cotecna Inspection SA and Intertek Testing Services (ITS) International. (references)

Trade

Saudi Arabia

The value of exported merchandise is based on Free On Board valuation (FOB). (references)

Portugal

Commercial invoices should have an accurate and specific description of the goods with Free On Board (F.O.B.) value followed by an itemized description of expenses or Cost Insurance and Freight (C.I.F.) value. (references)

Source: compiled by the editor from ICON Group International, Inc.; see credits.

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Expression: FREE ON BOARD

Expression using "FREE ON BOARD": price free on board. Additional references.

Source: compiled by the editor from various references; see credits.

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Modern Translation: FREE ON BOARD

Language Translations for "FREE ON BOARD"; alternative meanings/domain in parentheses.

Albanian

  

pa pagesë në anije. (various references)

   

Danish

  

frit ombord, frit om bord, frit indladet, franko om bord, FOB. (various references)

   

Dutch

  

franco aan boord, vrij aan boord. (various references)

   

Finnish

  

vapaasti laivaan. (various references)

   

French

  

franco bord(fob), franco bord, FOB, FAB,l'abréviation suivie généralement du nom du port d'embarquement est utilisée dans les contrats commerciaux pour préciser les conditions d'un prix convenu, fab. (various references)

   

German

  

frei Schiff, frei an Bord, FOB, fab. (various references)

   

Greek 

  

F.O.B. (F.O.B.), ελεύθερο επί του πλοίου (free on board (FOB)). (various references)

   

Hungarian

  

ingyen hajóba rakva. (various references)

   

Italian

  

franco partenza, franco a bordo, fob partenza, FOB. (various references)

   

Japanese Kanji 

  

船渡し (ferry), "板渡し (F.O.B.), 本船渡し (F.O.B.). (various references)

   

Japanese Katakana 

  

ふなわたし (ferry), ほ"せ"わたし (F.O.B.), か"ぱ"わたし (F.O.B.). (various references)

   

Pig Latin

  

eefray onay oardbay

   

Portuguese

  

franco a bordo, FOB. (various references)

   

Russian 

  

фоб (условие об обязанности продавца доставить и погрузить товар на борт судна), фоб (f.o.b., fob). (various references)

   

Spanish

  

franco a bordo, FOB, libre a bordo. (various references)

   

Swedish

  

fob (f.o.b.). (various references)

   

Turkish

  

gemide teslim, araçtan teslim. (various references)

Source: compiled by the editor from various translation references.

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Anagrams: FREE ON BOARD

Scrabble® Enable2K-Verified Anagrams

Words within the letters "a-b-d-e-e-f-n-o-o-r-r"

-2 letters: foreboder, freeboard.

-3 letters: forborne, forebear, forebode, foredone, freeborn, reroofed.

-4 letters: adorner, arbored, bandore, boarder, bradoon, brander, broaden, broader, brooder, deboner, enrobed, enrober, forbade, forbear, forbode, forbore, fordone, foreran, onboard, readorn, reboard, rebored, redbone.

-5 letters: adorer, aerobe, bander, barfed, barred, barren, beaned, bearer, before, bender, bonder, borane, border, boreen, darner, deafen, deafer, dearer, debone, droner.

Source: compiled by the editor from various references; see credits.

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INDEX

1. Crosswords
2. Quotations: Non-fiction
3. Expressions
4. Translations: Modern
5. Anagrams
6. Bibliography


  

Copyright © Philip M. Parker, INSEAD. Terms of Use.