English - Turkish
Definition of free on board fob, f.o.b. in English Turkish dictionary
- free on board
- fob
- free on board
- (Ticaret) fob gemi bordasında teslim
- free on board
- (Nakliyat, Lojistik) GEMİDE TESLİM: Dışardan gönderilen bir malın gemide teslim edileceğini ifade için kullanılan terim. "FOB"
- free on board
- güvertede teslim
- free on board
- tic. nakliyecinin aracına ücretsiz teslim, fob
- free on board
- (Askeri) GEMİDE TESLİM: Dışardan gönderilen bir malın gemide teslim edileceğini ifade için kullanılan terim "FOB"
- free on board
- gemide teslim
- free on board
- araçtan teslim
Related Terms
English - English
Definition of free on board fob, f.o.b. in English English dictionary
- Free On Board
- without charge to the purchaser for delivery on board a carrier (originally a ship), at a specified location or point; used in such phrases as FOB destination to specify the point where the title of goods passes from the seller to the buyer
- free on board
- Lowercase form of Free On Board
- Free On Board
- fob
- free on board
- Free On Board (FOB) at a named port of export The seller quotes the buyer a price that covers all costs up to and including delivery of goods aboard a vessel at a port FOB is also a method of export valuation
- free on board
- 1) A price quotation under which the exporter quotes a price that includes delivery of the goods on board the vessel Subsequent risks and expenses are for the account of the buyer 2) A transaction whereby the seller makes the product available within an agreed-on period at a given port at a given price It is the responsibility of the buyer to arrange for the transportation and insurance
- free on board
- Shipment term that requires the seller of goods to transport them to the dock and to load them onto the vessel
- free on board
- INCOTERM entry Under "F O B " the goods are placed on board the ship by the seller at a port of shipment named in the sales agreement The risk of loss of or damage to the goods is transferred to the buyer when the goods pass the ship's rail (i E , off the dock and placed on the ship) The seller pays the cost of loading the goods
- free on board
- This expression follows an exchange point The exchange point indicates the transition of responsibility (risk) from the buyer to the seller See also Terms of Sale For example: F O B Origin The seller agrees to deliver the goods to the point of origin
- free on board
- (i e , the cost of the goods, including the costs of loading, but not including insurance and ongoing freight charges): a method of calculating the value of traded goods FOB is normally applied to exports *see also Free on Board (TradStat Definitions: Terms of Delivery)
- free on board
- 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
- free on board
- A pricing term indication that the quoted price includes the cost of loading the goods into transport vessels at the specified place
- free on board
- An Incoterm whereby the seller pays for loading the items to be purchased onto the vessel, but not for the cost of carriage or insurance
- free on board
- The point or location where the ownership title of goods is transferred from the seller to the buyer This indicates that delivery of a shipment will be made on board or into a carrier by the shipper without charge, and is usually followed by a shipping point or destination For example, FOB destination means title passes when the goods reach their destination point
- free on board
- Trade contract terms that specify when title passes to the buyer, typically either when the shipment is initiated or when it is received
- free on board
- Indicates that the seller assumes all responsibilities and costs up to the specific point or stage of delivery named including transportation, packing, insuring, etc A wide variety of f o b terms is used, such as f o b factor Detroit, f o b cars New York, f o b ship Norfolk 'Free on board vessel,' under most P L 480 grain contracts, means delivery at the discharge end of the loading spout
- free on board
- Commercial term under which the seller's obligations are fulfilled when the goods reach a point specified in the contract For example, "F O B , Seller's Warehouse" means that the buyer assumes all costs and risks in moving the goods from the seller's warehouse
- 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
- free on board
- Common price term used in international trade meaning seller's responsible for the cost of goods is to the point of loading it to the vessel deck or aircraft loading deck The risk of loss of or damage to the goods is transferred from the seller to the buyer when the goods have been so delivered FOB normally comes with port of loading either airport or sea port » Back to top of screen
- free on board
- The seller delivers when the goods pass the ship's rail at the at the named port of shipment This means that the buyer has to bear all costs and risks of loss of or damage to the goods from that point The FOB term requires the seller to clear the goods for export This term can only be used for sea or inland waterway transport If the parties do not intend to deliver the goods across the ship's rail, the FCA term should be used
- free on board
- (Ticaret) (FOB) Trade contract terms that specify when title passes to the buyer, typically either when the shipment is initiated or when it is received
- free on board
- Without charge to the purchaser for delivery on board or into a carrier at a specified point or location
- free on board
- When the selling price of a good does not include transportation costs (freight, insurance) The buyer pays for those costs separately The risk of loss or damage to the goods in transport is borne by the buyer or the buyer's insurance company
- free on board
- When goods are shipped F O B , the shipper is responsible only until the goods have been placed on board the vessel or freight car or truck or other means of transport After that the risk belongs to the consignee
- free on board
- Export price including loading and port charges The seller is obligated to place the goods aboard a named carrier at a specified port, obtain a clean bill of lading attesting to this performance, and pay the freight charges of inland carriers
- free on board
- the seller's price only includes the cost of the grain up to and including delivery of the goods at the end of the loading spout to an ocean going vessel provided by the buyer at the named port of shipment
- free on board
- The term given to the location from where freight charges will begin "FOB Factory" means that the customer will pay freight from the place of manufacture "FOB Customer" means that the product will be delivered to the customer's door without the customer actually incurring separate freight charges
- free on board
- FOB, term which indicates that the seller will pay all costs up to and including transportation and delivery of merchandise aboard a vessel at a port or a specified point (from that point the purchaser is responsible and will bear other costs)
- free on board
- Shipping is not included in the price of the vehicle The Total FOB Bid includes the purchase price of the vehicle at auction and all costs needed to load the vehicle(s) on a ship The Total FOB Bid does NOT include the costs for shipping a vehicle to the destination port
- free on board
- Trade term Seller fulfills his obligations to deliver when the goods have passed over the ship's rail at the named port of shipment
- free on board
- A term of sale whereby the price of goods includes the loading of goods aboard a carrier's vehicle
- free on board
- Shipping term included in a contract of sale (abbreviated as FOB) meaning that the seller fulfills his obligation to deliver when the goods have passed over the ship's rail at the named port of shipment, all costs of inland transportation and loading being included in the price of the goods The buyer has to bear all costs and risks of loss of or damage to the goods from that point
Related Terms
free on board fob, f.o.b.
Hyphenation
free on board fob, f.o.bPronunciation
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