basing point
a geographical location from which freight charges are computed by the seller regardless of the point from which the goods are shipped.
Words Nearby basing point
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use basing point in a sentence
But, in many other cases, market competition from other centres of supply set the limit to the rate at the basing point.
Railroads: Rates and Regulations | William Z. RipleyThe second, the basing point system, is found throughout the southern states east of the Mississippi.
Railroads: Rates and Regulations | William Z. RipleyThis last argument is the main economic defence of the southern basing point system.
Railroads: Rates and Regulations | William Z. RipleyThis basing point system, although not absolutely confined to the South, has been more highly developed here than elsewhere.
Railroads: Rates and Regulations | William Z. RipleyAnalyzing these several grounds of defence, a distinction should be made at the start between three varieties of basing point.
Railroads: Rates and Regulations | William Z. Ripley
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