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free on board
free on board
adjective
- (of a shipment of goods) delivered on board ship or other carrier without charge to the buyer AbbreviationFOBf.o.b. Compare free alongside ship
Word History and Origins
Origin of free on board1
Example Sentences
Traders estimated prices for Ukrainian corn for January-February shipment to China this week at around $270-$273 a tonne, free on board.
The miner expects unit costs of $18.00-$18.50 per tonne for the year, up from its previous estimate of $16.70-$17.70 per tonne, even as prices it received for iron ore doubled to $168.40 a dry metric tonne free on board for the first half.
Vietnam's benchmark 5-percent broken rice eased this week to $370-$380 a tonne, free on board basis, from $375-$380/tonne last week and a five-month high of $390 on March 25.
Thai rice prices have plunged almost 40 percent over the past three years, gaining only 8 percent so far in 2016 to around $377.50 a tonne, free on board.
We can offer a similar structure, complete, and in every way conformable to specification, for the sum of twenty million marks, which is ten thousand pounds more than our original tender, free on board at Hamburg.
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