free on board

adverb

1. f.o.b.

free on board

adjective

1. (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

First recorded in 1920–25

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.

From Reuters

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.

From Reuters

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.

From Reuters

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.

From Reuters

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.

From Project Gutenberg