Dictionary of Procurement Terms

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Search Results: 1-1 of 1 result for “Free on Board (F.O.B.) Destination, Freight Prepaid and Added”
  • Free on Board (F.O.B.) Destination, Freight Prepaid and Added

    The point at which a title to the goods passes from the supplier to the buyer at the point of destination and supplier pays the freight expense and then adds the freight expense to the buyer's invoice. Supplier owns goods in transit and files claims, if any.
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