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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

To be on the safe side, the entire steel industry voluntarily junked its basing point system, sold steel F.O.B. the mill and waited for Congress to clear up the confusion.

From Time Magazine Archive

Montana's Senator Burton Kendall Wheeler is earnestly trying to end the basing point once & for all with a bill introduced last month.

From Time Magazine Archive

Beyond the base price the buyer also paid freight costs from the nearest basing point plant.

From Time Magazine Archive

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