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.
Definition of fraction for English Language Learners. mathematics : a number (such as 1/2 or 3/4) which indicates that one number is being divided by another; also : a number (such as 3.323) that consists of a whole number and a decimal.