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WebNov 30, 2024 · FOB stands for either "free on board" or "freight on board". The term is used to designate ownership between the buyer and seller as goods are transported. FOB does not explicitly mean the... WebFree on Board, or FOB is an Incoterm, which means the seller is responsible for loading the purchased cargo onto the ship, and all costs associated. The point the goods are safe … WebOct 12, 2024 · The term “FOB” is used in international and freight shipping. Shipping contracts and purchase orders often spell out the delivery and payment terms, the date … great clips menomonie wi