A shipping term that means that the seller bears transportation costs to the place of delivery.
A term related to transportation charges that mean that the seller bears transportation costs to the destination.
Goods shipped F.O.B. (Free On Board) destination become the property of the purchaser upon delivery. The vendor is responsible for goods in transit, for filing claims, and for paying freight charges.
Freight terms indicating that the seller is responsible for the freight until it is received by the buyer.
Terms of agreement between buyer and seller whereby ownership passes when merchandise is received by the buyer, and the seller pays the transportation cost.
Title passes at destination, and seller has total responsibility until shipment is delivered.
Titles passes at origin, and buyer has total responsibility over the goods while in shipment.
Terms indicating that the seller will incur the delivery expense to get the goods to the destination. With terms of FOB destination the title to the goods usually passes from the buyer to the seller at the destination. This means that goods in transit should be reported as inventory by the seller, since technically the sale does not occur until the goods reach the destination. To Top
Freight costs paid to the destination point, title transfers at destination.
A business term meaning that the seller of merchandise bears the shipping costs and maintains ownership until the merchandise is delivered to the buyer.
Refers to shipment. Destination means transportation cost is included in the cost of the item and vendor maintains responsibility for the item to the point of destination.
Freight on board.