( 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
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free on board UK US adjective (ABBREVIATION FOB) TRANSPORT, COMMERCE
► used for stating that the seller is responsible for transporting goods to a ship at a particular port, and then they become the buyer's responsibility
free on board adverb
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The seller had agreed to despatch goods free on board.
Financial and business terms. 2012.