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 Students. 1 : a number (as 1â2, 2â3, {frac17/100}) that indicates one or more equal parts of a whole or group and that may be considered as indicating also division of the number above the line by the number below the line.