1、FOB（Free On Board），也称“船上交货价”，是国际贸易中常用的贸易术语之一。按离岸价进行的交易，买方负责派船接运货物，卖方应在合同规定的装运港和规定的期限内将货物装上买方指定的船只，并及时通知买方。货物在装运港被装上指定船时，风险即由卖方转移至买方。2、CIF术语的中译名为成本加...
国际贸易术语(International Trade terms)是对国际贸易交易中商品价格构成因素进行定名和分类的一种术语。以下是常见的国际贸易术语及其英文解释: EXW(Ex Works):工厂交货,指卖方在工厂将货物交付给买方,并完成所有权转移。 FOB(Free On Board):船上交货,指卖方在装运港将货物装上买方指定的船只,并完成所有权转移...
CIF protects the buyer by including insurance, meaning if the goods are damaged or lost during transit, the insurance covers the losses, whereas with FOB, the buyer needs to secure insurance once the goods are on board to manage any transit risks. 5 When using CIF, the seller chooses the ...
“The ‘cost’ in CIF term means FOB, so the primary definition of CIF can be equally to FOB pulsing insurance and freight charges”. There are many similarities and differences between the two terms. 2、FOB trade term 2.1Summary FOB the terminology meaning FOB full text is Free on Board...
1.Definition:FOBisFREE,ON,BOARDthreewords,thefirst letterofcapital,Chinesemeaning"portofshipment","ship ondelivery",specifythenameoftheportofshipment. 2.Applicablemodesoftransportation:seatransportationand inlandwaterwaytransportation. 3,keypoints:riskdivisionpoint,deliverypoint,cost ...
2.FOB term and CIF term 2.1 What is FOB As one of the important trade terms. FOB term is frequently used in international trade. Thus it is quite necessary to know the exact meaning of it. According to Incoterms 2000, we can know that FOB is short for Free on Board. It stipulates ...
Four, FOB trade terms 1. Definition: FOB is FREE, ON, BOARD three words, the first letter of capital, Chinese meaning port of shipment, ship on delivery, specify the name of the port of shipment. 2. Applicable modes of transportation: sea transportation and inland waterway transportation. 3...
FOB&CIF FOB（离岸价）anacronymfor"freeonboard",meaningthatthebuyerpaysfortransportationofthegoods.→Party(buyerorseller)paysforwhichshipmentandloadingcosts.→Whereresponsibilityforthegoodsistransferred. DomesticshipmentswithintheUnitedStatesorCanadaoftenuseadifferentmeaning,specifictoNorthAmerica,whichis...
2、FOB trade term 2.1 Summary FOB the terminology meaning FOB full text is Free on Board, namely on the ship delivers, in the custom is called on the shipping port ship to deliver. On the shipping port ship the delivery is in the international trade one of commonly used trade terminology...