Free On Board

Free On Board
(f.o.b.)
  In the international petroleum industry, this term typically refers to the price of oil or natural gas actually charged at the producing country's port of loading. The reported f.o.b. price includes deductions for any rebates and discounts or additions of premiums where applicable and should be the actual price paid to the seller with no adjustment for the cost of ocean freight, insurance, or credit. For coal and breeze, f.o.b. has the dual meaning of the price of coal at the coal mine, or the price of coal at the producer country’s port of loading, both before the cost of insurance, freight, and credit.
  U.S. Dept. of Energy, Energy Information Administration's Energy Glossary

Energy terms . 2014.

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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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