Define tram: any of various vehicles: such as; a carrier that travels on an overhead cable or rails; streetcar â tram in a sentence any of various vehicles: such as; a carrier that travels on an overhead cable or rails; streetcarâ¦
Best Answer: Free on board(freight on board) price means a price which includes goods plus the services of loading those goods onto some vehicle or vessel at a named location, sometimes put in parentheses after the f.o.b. example: fob(shipping point)-means the price is good only till the loading /shipping area.
FOB (free on board) shipping point describes freight terms indicating that the seller is responsible for the sold merchandise only to the point from where it is shipped.OB destination. FOB (free on board) destination represents freight terms indicating that the seller is responsible for the sold merchandise until it is received by the buyer. Goods shipped FOB destination are considered owned by the seller until they reach their destination.