F.O.B - Definition - Law Dictionary Home Dictionary Definition f-o-b

Definition :

F.O.B., free on board, a term frequently inserted in contracts for the sale of goods to be conveyed by ship, meaning that the cost of shipping will be paid by the buyer. When goods are so sold in London the buyer is considered as the shipper, and the goods when shipped are at his risk, See Green v. Sichel, (1860) 29 LJCP 213.