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free on board

   Also found in: Medical, Legal, Financial, Acronyms, Idioms, Encyclopedia, Wikipedia, Hutchinson 0.04 sec.
free on board
adj. & adv. Abbr. FOB
Without charge to the purchaser for delivery on board or into a carrier at a specified point or location.

free on board
adj
(Business / Commerce) (of a shipment of goods) delivered on board ship or other carrier without charge to the buyer Compare free alongside ship Abbreviations FOB f.o.b


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The service, known as Free on Board (FOB) Delivered, uses actual data from major forest product industry players to establish credible benchmark costs for delivered raw materials, including every variable associated with getting a tree removed from the forest and delivered to a mill.
 
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