Free On Board

Business, Legal & Accounting Glossary

Definition: Free On Board



What is the dictionary definition of Free On Board?

Dictionary Definition


adj. referring to purchased goods shipped without transportation charge to a specific place. Free on board at the place of manufacture shows there is a charge for delivery. Example: if an automaker in Detroit sells a car “FOB Detroit,” then there will be a shipping charge if delivery is taken anywhere else. If the contract reads “FOB New Orleans,” then the auto will be shipped to that city without charge, but with charge for delivery from New Orleans to somewhere else.


Cite Term


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Page URL
https://payrollheaven.com/define/free-on-board/
Modern Language Association (MLA):
Free On Board. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 16, 2020 https://payrollheaven.com/define/free-on-board/.
Chicago Manual of Style (CMS):
Free On Board. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/free-on-board/ (accessed: July 16, 2020).
American Psychological Association (APA):
Free On Board. PayrollHeaven.com. Retrieved July 16, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/free-on-board/

Definition Sources


Definitions for Free On Board are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 28th April, 2020 | 0 Views.