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1505-2024
What is the FOB cost?
FOB cost, or free on board cost, refers to the cost involved in delivering goods to the buyer's location at a specific pre-agreed location. These fees are paid by the seller and the customer then assumes responsibility for payment. FOB pricing applies to both international and domestic shipments.
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1405-2024
What is a FOB short for?
FOB is the abbreviation of "Free On Board", which is a shipping term widely used in retail and international trade. It sets out the process for the transfer of responsibility and ownership of goods upon shipment.
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