FOB (Free on Board) definition

FOB (Free on Board) means a delivery term under which the seller must, at his or her risk and expense, place the goods in possession of the carrier (FOB the place of shipment). Alternately, seller must, at his or her risk and expense, transport the goods to the place of destination (FOB destination). If under either of the above, the term is also FOB vessel, car, or other vehicle, the seller must load the goods on board at his or her own expense and risk. If the term is FOB vessel, the Buyer must name the vessel. The stated FOB point is usually the location where title to the goods passes from the seller to the Buyer. The seller is liable for transportation charges and the risks of loss or damage to the goods up to the point when title passes to the Buyer. The Buyer is liable for such charges and risks after passing of title.
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FOB (Free on Board) means that the Contractor fulfills its obligation to deliver when the goods have passed over the vessel's rail at the named port of shipment. Purchaser shall bear all costs of shipping and handling.
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Examples of FOB (Free on Board) in a sentence

  • ETDC Electronic Testing & Development Center FOR/ FOB Free on Board or Freight on Board GoI/ GoR Govt.

  • The mere fact that a party is purchasing the transported goods F.O.B. (Free on Board) does not imply that this party is by definition the shipper or consignee under the contract of carriage, in the event that no documentation is available indicating who concluded the carriage of contract, who has been invoiced for the cargo, who has paid for the cargo, etc.

  • All shipping charges are F.O.B. (Free on Board) Los Angeles County, California.

  • All shipping charges are F.O.B. (Free on Board) Los Angeles County, California; risk of loss and damage shall pass to Buyer when products are delivered to carrier.

  • SF’s prices are based on Ex works, CIP, FOB (Free on Board), or CIF (Cost, Insurance and Freight) delivery as the case may be agreed.

  • The Products shall be delivered in accordance with the shipment terms specified in the PO, such as FOB (Free on Board at named port of shipment), CIF (Cost, Insurance and Freight at named port of destination), CIP (Carriage and Insurance Paid to named place of destination), DDU (Delivered Duty Unpaid to named place of destination).

  • ACH: Automated Clearing House ARO: After Receipt of Order BAFO: Best and Final Offer CPU: Central Processing Unit DAS: Department of Administrative Services EPA: Environmental Protection Agency FOB: Free on Board NHTSA: National Highway Traffic Safety Administration NIGP: National Institute for Governmental Purchasing PA: Participating Addendum PFC: Payroll & Financial Center RFI: Request for Information RRP: Recommended Retail Price SPB: State Purchasing Bureau SRP: Suggested Retail Price.

  • O envio é FOB (Free on Board) e segue o método que a Red Hat considera mais vantajoso.

  • Unless stated otherwise by Seller, all shipments will be F.C.A. (Free Carrier) (as defined in Incoterms 2010) Seller’s shipping facility, if destination of delivery is outside the United States, and F.O.B. (Free on Board) (as defined in U.C.C. Section 2-319) Seller’s shipping facility, if destination of delivery is within the United States.

  • For the purposes of clarification, the term "FOB" (Free on Board) commonly used on shipping documents shall refer to this transfer of ownership, and shall have no bearing on the payment of, or responsibility for, transportation or other ancillary charges associated with the transaction.