FOB (shipping) Dockers loading bagged cargo. FOB, Free On Board, is a term in international commercial law specifying at what point respective obligations, costs, and risk involved in the delivery of goods shift from the seller to the buyer under the Incoterms 2010 standard published by the International Chamber of Commerce.
Conditional Formatting (CF) is a tool that allows you to apply formats to a cell or range of cells, and have that formatting change depending on the value of the cell or the value of a formula. For example, you can have a cell appear bold only when the value of the cell is greater than 100.
In Excel 2003, you could create conditional formatting rules with three conditions. In Excel 2007, you are no longer limited by number; you are only limited by system memory. Multiple conditions evaluating to true. In Excel 2003, you could apply only one conditional format to a given cell. If more than one conditional format evaluated to true, then only the format associated with the first conditional format was applied. Excel 2007 now allows you to have multiple conditional formats on a cell applied if more than one condition evaluates to True.