basing point

noun

a geographical location from which freight charges are computed by the seller regardless of the point from which the goods are shipped.

But, in many other cases, market competition from other centres of supply set the limit to the rate at the basing point.

The second, the basing point system, is found throughout the southern states east of the Mississippi.

This last argument is the main economic defence of the southern basing point system.

This basing point system, although not absolutely confined to the South, has been more highly developed here than elsewhere.

Analyzing these several grounds of defence, a distinction should be made at the start between three varieties of basing point.

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