(abbreviation: f.o.b. or f.o.r.)
See parent entry: free
Definition of free on board or rail in English:
Including or assuming delivery without charge to a ship (or railway wagon).
- I note that the explanatory note of the bill quotes figures of $2 per kilo, free on board, in 1999, and that has declined in 2 years to $1.53.
- Indian sugar is available for export at $305 a tonne free on board basis, compared with $312 a tonne for Thai sugar.
- Mining revenue for 2007 reflects the export coal sold on a ‘Free on Rail’ basis
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