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https://www.accountingtools.com/articles/2017/5/10/fob-shipping-point
Jan 24, 2019 · The term FOB shipping point is a contraction of the term "Free on Board Shipping Point." The term means that the buyer takes delivery of goods being shipped to it by a supplier once the goods leave the supplier's shipping dock. Since the buyer takes ownership at the point of departure from the supplier's shipping dock, the supplier should record a sale at that point.
https://www.myaccountingcourse.com/accounting-dictionary/fob-shipping-point
Definition: FOB shipping point, also called free on board shipping, is a set of delivery terms that transfers the title of goods to the buyer when the shipment is placed on the truck for delivery. It also indicates that the buyer is required to pay for the shipping costs.
https://www.accountingcoach.com/terms/F/fob-shipping-point
FOB shipping point definition. Terms indicating that the buyer must pay to get the goods delivered. (The buyer will record freight-in and the seller will not have any delivery expense.) With terms of FOB shipping point the title to the goods usually passes to the buyer at the shipping point.
https://www.investopedia.com/ask/answers/052515/what-distinction-between-free-board-fob-shipping-point-and-destination.asp
May 13, 2019 · Free On Board (FOB) is a trade term indicating the point at which a buyer or seller becomes liable for goods being transported on a vessel. more Ex Works (EXW) Shipping…Author: Steven Nickolas
https://definitions.uslegal.com/c/contracts-fob/
Less often, a buyer will use the shipping term FOB Origin or FOB Shipping point. FOB Origin is usually used when the price of shipping is negotiated separately from the price of the goods, such as when the item to be shipped is extremely large or heavy. Sometimes a buyer will use FOB Origin when they have all of their shipping to be done by a specific carrier with they had negotiated favorable pricing, terms …
https://www.dsi-tms.com/hs-fs/hub/1987/file-18496826-pdf/docs/fob_definition.pdf
FOB DEFINITION SHIPPING TERMS OF SALE FOB, Free On Board, is a transportation term that indicates that the price for goods includes delivery at the Seller’s expense to a specified point …
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