FOB, an abbreviation for "Free On Board," is a trade term that refers to a shipping agreement where the seller is responsible for delivering the goods to a port or designated location for shipment. It signifies that the seller is responsible for the costs and risks associated with delivering...
The abbreviationFOBstands forFree On Board, a shipping term indicating that the seller is responsible for the cost and risk of transporting goods until they are loaded on a vessel. This term is commonly used in international trade to clarify the point at which ownership and liability for the ...
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一、引言 英语缩略语(abbreviation)指的是根据特殊的构词规则,将一个比较复杂的英语单词、短语或句子进行结构简化后的语言表达形式。英语有时也可把缩略语的范围扩大到代号、记号、符号等,甚至还扩大到一切比原来书写形式缩短的形式。英语缩略语大致分为三大类:首字母缩略词(又可细分为acronym和initialism)、截短词(cl...
Last week we posted the introduction of this blog series on Incoterms. There you’ll find a general explanation of the form and function of these beauties. Now we are on to the meat of it – a list of the first 4 Incoterms, along with an expansion of the abbreviation and a detailed...
CIF, abbreviation of Cost Insurance and Freight, is one of the external trade terms, which requires the exporter to pay for the cost, insurance and freight of the exportation.FOB, abbreviation of Free On Board, is another way of external trade, under which the exporter's only obligation is...
英语缩略语(abbreviation)指的是根据特殊的构词规则,将一个比较复杂的英语单词、短语或句子进行结构简化后的语言表达形式。英语有时也可把缩略语的范围扩大到代号、记号、符号等,甚至还扩大到一切比原来书写形式缩短的形式。英语缩略语大致分为三大类:首字母缩略词(又可细分为acronym和initialism)、截短词(clipping)和...
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From Longman Business Dictionaryfob/fɒbfɑːb/verb(fobbed,fobbing)informal→fobsomebody →off→fobsomething →off onsomebody→ SeeVerb table FOBabbreviationforFREEONBOARD→see underIncoterm Originfob1(1500-1600)fob“to deceive”((16-19 centuries)) ...
“cargo on board”. Although the two terms are used as synonyms and mean the same, it should be noted that “cargo on board” is not an official term but is used only colloquially. Once it has become clear what the abbreviation FOB stands for, it is time to find out what it stands...