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Q.

What does F.O.B. stand for?

Tags: money, relationships, entertainment
Asked by venkat mani, 07 May '11 01:06 pm
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Answers (11)

1.

FOB. Free on Board--A shipping term which indicates that the supplier pays the shipping costs (and usually also the insurance costs) from the point of manufacture to a specified destination, at which point the buyer takes responsibility.
Answered by LIPSIKA, 07 May '11 01:14 pm

 
  
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2.

Free / Freight on Board
Food on Board
Father of Baby
Answered by Joseph Chacko, 07 May '11 01:24 pm

 
  
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3.

Under the Incoterm standard published by the International Chamber of Commerce, FOB stands for "Free On Board", and is always used in conjunction with a port of loading. Indicating "FOB port" means that the seller pays for transportation of the goods to the port of shipment, plus loading costs. The buyer pays cost of marine freight transport, insurance, unloading, and transportation from the arrival port to the final destination. The passing of risks occurs when the goods pass the ship's rail at the port of shipment.

For example, "FOB mumbai " indicates that the seller will pay for transportation of the goods to the port of mumbai, and the cost of loading the goods on to the cargo ship (this includes inland haulage, Customs clearance, origin documentation charges, demurrage if any, origin Port handling charges, in this case mumbai). The buyer pays for all costs beyond that point (including unloading). Responsibility for the goods is with the seller until the goods pass the ship's ra ...more
Source: google search
Answered by anil garg, 07 May '11 01:38 pm

 
  
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4.

Father
of
baccha
Answered by MOHIT, 07 May '11 01:11 pm

 
  
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5.

F.O.B. means fright on board
owner's responsibility is till the goods on the boat.it consider every expenses till goods on boat.
after that buyer has responsibility of goods & all the expenses
Answered by rajan sevak, 03 Jun '11 10:55 am

 
  
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6.

Free on Board
Answered by sumati gayki, 07 May '11 02:00 pm

 
  
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7.

Free on board
Answered by mahalakshmi, 07 May '11 01:41 pm

 
  
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8.

Free
On
Board
Answered by Ganga gowri, 07 May '11 01:10 pm

 
  
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9.

Freight on Board used in shipping industry.
Answered by Dharmarajan, 07 May '11 01:09 pm

 
  
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10.

Free
On
Board
Answered by Ramesh sundar, 07 May '11 01:07 pm

 
  
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