Home > Term: free on board (f.o.b.)
free on board (f.o.b.)
A sales transaction in which the seller makes the product available for pick up at a specified port or terminal at a specified price and the buyer pays for the subsequent transportation and insurance.
- Part of Speech: noun
- Industry/Domain: Energy
- Category: Coal; Natural gas; Petrol
- Company: EIA
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- Pud6
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