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basing point

American  

noun

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


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

U.S. troops long have used Jordan, a kingdom bordering Iraq, Israel, the Palestinian territory of the West Bank, Saudi Arabia and Syria, as a basing point.

From Seattle Times • Jan. 28, 2024

Last week Assistant Secretary of State for Economic Affairs Willard L. Thorp told a congressional committee that world oil prices are fixed to correspond to the basing point system of U.S. prices.

From Time Magazine Archive

Supreme Court declared the cement industry's basing point system illegal.

From Time Magazine Archive

Two days later it ordered 37 brickmakers to stop using the multiple basing point system, and broadcast a warning to all users�steel, farm machinery, chemicals, etc.�to cut it out.

From Time Magazine Archive

Other industries now using basing point prices, which may also, include "phantom" freight charges, are cement, lumber, paper, flour, sugar.

From Time Magazine Archive

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