What is the meaning of FREE ON BOARD (FOB)?

FREE ON BOARD (FOB) is a transaction in which the seller provides a commodity at an agreed unit price, at a specified loading point within a specified period; it is the responsibility of the buyer to arrange for transportation and insurance.

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APABarry Goldsmith. (2010). FREE ON BOARD (FOB). Retrieved September 23, 2026, from http://smartdefine.org/free_on_board_(fob)/definitions/1154548
ChicagoBarry Goldsmith. 2010. "FREE ON BOARD (FOB)" http://smartdefine.org/free_on_board_(fob)/definitions/1154548 (accessed September 23, 2026).
HarvardBarry Goldsmith 2010, FREE ON BOARD (FOB), Smart Define, viewed 23 September, 2026, <http://smartdefine.org/free_on_board_(fob)/definitions/1154548>.
MLABarry Goldsmith. "FREE ON BOARD (FOB)" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/free_on_board_(fob)/definitions/1154548>