free on board

free on board
A commercial term, familiar in sales contracts under the abbreviation "f.o.b." which, where no place is designated, binds the seller to deliver the goods upon car, truck, or vessel at the usual place of shipping goods of the kind sold, without expense to the buyer for such delivery, but leaving to the buyer the responsibility for the payment of charges for the transportation from such point of delivery; and which means, where it appears as "F.o.b." point of destination, that the charges for delivery and transportation to the point of destination are to be paid by the seller. 46 Am J1st Sales § 188. No agreement by the consignee of goods to pay the freight charges thereon will be implied from his acceptance of the goods from the carrier, where the goods have been purchased by the consignee under an agreement providing for their delivery "free on board" at the place of destination. 13 Am J2d Car § 475.

Ballentine's law dictionary. . 1998.

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  • free on board — adv or adj: without charge for delivery to and placing on board a carrier at a specified point Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. free on board …   Law dictionary

  • Free On Board — Saltar a navegación, búsqueda Las siglas FOB (acrónimo del término en inglés Free On Board, «franco a bordo, puerto de carga convenido») se refieren a un incoterm, o claúsula de comercio internacional, que se utiliza para operaciones de… …   Wikipedia Español

  • free on board — 〈[ fri: ɔn bɔ:rd] Abk.: fob〉 Handelsklausel, nach der der Verkäufer Kosten u. Risiko des Transportes der Ware bis aufs Schiff übernimmt [engl., „frei an Bord (des Schiffes)“] * * * free on board   [ friː ɔn bɔːd, englisch], Abkürzung FOB, eine… …   Universal-Lexikon

  • free on board — n. delivered (by the seller) aboard the train, ship, etc. at the point of shipment, without charge to the buyer * * * …   Universalium

  • free on board — 〈 [fri: ɔ̣n bɔ:d] Abk.: fob, f. o. b.〉 Handelsklausel, nach der der Verkäufer Kosten u. Risiko des Transports der Ware bis aufs Schiff übernimmt [Etym.: engl., »frei an Bord«] …   Lexikalische Deutsches Wörterbuch

  • free on board — [ bɔ:d] <engl. > frei an Bord (Klausel, die besagt, dass der Verkäufer die Ware auf dem Schiff zu übergeben u. bis dahin alle Kosten u. Risiken zu tragen hat); Abk.: fob, f. o. b …   Das große Fremdwörterbuch

  • free on board — free′ on board′ adv. bus See fob • Etymology: 1920–25 …   From formal English to slang

  • free on board — n. delivered (by the seller) aboard the train, ship, etc. at the point of shipment, without charge to the buyer …   English World dictionary

  • Free on board — Implies that distributive services like transport and handling performed on goods up to the customs frontier of the economy from which the goods are classed as merchandise. The New York Times Financial Glossary * * * free on board free on board ➔ …   Financial and business terms

  • Free on Board — ( FOB) Implies that distribution services like transport and handling performed on goods up to the customs frontier (of the economy from which the goods are classed as merchandise.) are included in the price. Bloomberg Financial Dictionary * * *… …   Financial and business terms

  • free on board — adverb (or adjective) : without charge for delivery to and placing on board a carrier at a specified point abbr. f.o.b. * * * free on board Delivered on a vessel or other conveyance at no charge at all (abbrev fob) • • • Main Entry: ↑free * * *… …   Useful english dictionary

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