en

price fob

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Terminological databases

EKI terminibaas Esterm

ID 704445 Last modified 30.12.2004
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Domain EconomicscustomsTransport
fob price preferred
  • FOB - free on board - the seller must load the goods on board the vessel and the buyer accepts the risks, payment of freight once the goods have cleared the ship's rail
  • FOB - free on board - in foreign-trade contracts, an expression denoting that the seller incurs all charges and risks up to the point where goods are delivered on board ship
fob price preferred
Usage examples
  • Free-at-frontier value'' means the free-at-frontier price or fob price in the country of exportation, plus a fixed amount, where appropriate, for delivery costs to the customs territory of the Community.
price fob
le pix fob
fob-Preis

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