"F.o.b." Pronounce,Meaning And Examples

"F.o.b." Natural Recordings by Native Speakers

F.o.b.

"F.o.b." Meaning

F.O.B. stands for "Free On Board", which is a term describing the point in international shipping where the seller assumes the risk of the goods and responsibility for the goods' safe passage to the buyer. It is often used in international trade to indicate when the ownership of goods transfers from the seller to the buyer.

"F.o.b." Examples

F.O.B.

F.O.B. is an abbreviation for "Free On Board", which refers to the point at which the seller of a commodity is no longer responsible for the goods being transported.

Examples:

The company shipped the widgets to the customer f.o.b. the port of Miami.
According to the contract, the buyer is responsible for the cost of transportation once the goods are shipped f.o.b. the factory.
The price quotation included f.o.b. the buyer's warehouse.
The exporter agreed to deliver the goods f.o.b. the pier, and the importer will be responsible for handling the customs clearance.
The international sale involves f.o.b. the ship's rail, meaning the seller's responsibility ends when the goods are loaded onto the ship.

"F.o.b." Similar Words

Ezeiza

Ezeiza is an international airport located in Ezeiza Partido, Buenos Aires Province, Argentina. It is the main airport serving the city of Buenos Aires and is a hub for Aerolíneas Argentinas.

Ezekiel

Ezetimibe

Ezetimibe is a medication that is used to lower cholesterol levels in the blood. It is often used in combination with other cholesterol-lowering medications, such as statins. Ezetimibe works by reducing the absorption of cholesterol from food in the digestive tract, thus reducing the amount of cholesterol that enters the bloodstream. It is typically used to treat high cholesterol, particularly in individuals who are at risk of heart disease or have already experienced a heart attack or stroke.

Ezine

Ezines

Ezra

Ezrahites

F

The word "f" is a single letter in the English language, commonly used to begin words and serve as a suffix. It can have different meanings depending on its context and the words it is paired with. Some common words that start with the letter "f" include "fox", "fish", and "farm".