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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

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

From Time Magazine Archive

The "multiple basing point system" worked that way.

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

The basing point system, said he, is the so-called "Gulf Price" system, which fixes the world price of oil at U.S.

From Time Magazine Archive