The term "FOB" is frequently used in numerous settings, with its implications varying depending on the field or industry in issue. "FOB" has a variety of uses in anything from international trade to automobile language and is a crucial term for comprehension. In this write-up we will discuss what does fob mean and its uses.
what does fob mean in different sectors?International trading
In the context of trading abroad, "FOB" stands for "Free on Board." It is a term used in commerce to describe the moment the seller completes their commitment and assumes the costs and hazards of delivering the products to the designated port of shipment.
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Find out what does fob mean and it’s uses
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The term "FOB" is frequently used in numerous settings, with its implications varying depending on the field or industry in issue. "FOB" has a variety of uses in anything from international trade to automobile language and is a crucial term for comprehension. In this write-up we will discuss what does fob mean and its uses.
what does fob mean in different sectors?International trading
In the context of trading abroad, "FOB" stands for "Free on Board." It is a term used in commerce to describe the moment the seller completes their commitment and assumes the costs and hazards of delivering the products to the designated port of shipment.
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