free on board

American

adverb

f.o.b.

free on board British

adjective

Abbreviation: FOB. f.o.b.. (of a shipment of goods) delivered on board ship or other carrier without charge to the buyer Compare free alongside ship

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of free on board

First recorded in 1920–25

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.

Free On Board costs of Venezuelan crude was quoted at $60.35 a barrel in 2024, according to the Energy Information Administration.

From MarketWatch

Traders estimated prices for Ukrainian corn for January-February shipment to China this week at around $270-$273 a tonne, free on board.

From Reuters

The miner expects unit costs of $18.00-$18.50 per tonne for the year, up from its previous estimate of $16.70-$17.70 per tonne, even as prices it received for iron ore doubled to $168.40 a dry metric tonne free on board for the first half.

From Reuters

Vietnam's benchmark 5-percent broken rice eased this week to $370-$380 a tonne, free on board basis, from $375-$380/tonne last week and a five-month high of $390 on March 25.

From Reuters

Thai rice prices have plunged almost 40 percent over the past three years, gaining only 8 percent so far in 2016 to around $377.50 a tonne, free on board.

From Reuters

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023