Meaning : Free on board
Category : Import export
Sub Category : Incoterms
What does F.O.B mean or stand for ?
Free on board is an international shipping term used to describe the logistical point where a parcel or cargo is reached.If you buy an item from a chinese website and the seller tells you he will provide free shipping till FOB.This means the sellers liability ends till the parcel is “on board” the ship.After that you will be obligated to track and possibly pay for the rest of the journey.