Free Carrier. In international commerce, an agreement between a seller and a buyer indicating that the seller has fulfilled his/her obligation to deliver a good when he/she has transferred it to the port, airport, or other place from which it will be transported.
Definition of UNIT FRACTION. : a fraction whose numerator is unity and whose denominator is an integer.
A unit fraction is a fraction with numerator 1. Examples of unit fractions include 1/2, 1/3, 1/12, and 1/123456. The famous Rhind papyrus, dated to around 1650 BC, discusses unit fractions and contains a table of representations of as a sum of distinct unit fractions for odd between 5 and 101.