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.
Freight Terms of Sale. What exactly does FOB stand for? Probably one of the more common terms that people have questions about in the freight industry is terms of sale with acronyms like FOB which means free on board or freight on board. Which term that applies depends on where the shipment is going.