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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

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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

Pittsburgh Plus was then replaced by the basing point system, which substituted a number of cities for Pittsburgh.

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

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

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

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