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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

According to FTC's report, this was done under a complex "basing point" price system which added "phantom freight" to the price of the oil.

From Time Magazine Archive

Under this cozy arrangement, the base prices of cement were fixed at certain "basing point" plants across the country.

From Time Magazine Archive

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

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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