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FOB (free on board) is a term in international commercial law specifying at what point respective obligations, costs, and risk involved in the delivery of goods shift from the seller to the buyer under the Incoterms standard published by the International Chamber of Commerce. FOB is only used in non-containerized sea freight or inland waterway ...
Since Incoterms 1980 introduced the Incoterm FCA, FOB should only be used for non-containerized seafreight and inland waterway transport. However, FOB is commonly used incorrectly for all modes of transport despite the contractual risks that this can introduce.
A forward operating base (FOB) is any secured forward operational level military position, commonly a military base, that is used to support strategic goals and tactical objectives. [1] A FOB may contain an airbase, hospital, machine shop, and other logistical facilities. The base may be used for an extended period of time.
A A&TWF – Acquisition and technology work force a – Army AA – Assembly area AA – Anti-aircraft AA – Aegis ashore AAA – Anti-aircraft artillery "Triple A" AAAV – Advanced Amphibious Assault Vehicle AAC – Army Air Corps AAD – Armored amphibious dozer AADC – Area air defense commander AAE – Army acquisition executive AAG – Anti-aircraft gun AAK – Appliqué armor kit (US ...
Papago Farms FOB, Sells, Arizona [4] San Miguel FOB, San Miguel, Arizona [5] FOB Cannon, Yuma, Arizona [6] [7] [8] Hedglen FOB, east of Douglas, Cochise County, Arizona. This is a U.S. Border Patrol (Tucson Sector) forward operating base located at 31.371333, -109.210222, on a site near the intersection of Guadalupe Canyon Rd and Geronimo Trail ...
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Uniform delivered pricing is the opposite of the FOB origin pricing, as the same price is quoted to all customers. The transportation costs are averaged across all buyers, and the nearby customers are in effect subsidizing the faraway ones (paying more for the delivery than it costs the seller, the difference is called the phantom freight).
FOB – Freight On Board; FOMC – Federal Open Market Committee; FOC – Free Of Cost; FP&A – Financial Planning & Analysis; FPO – Follow-on Public Offer;