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.
Either way, the meaning is the same. FOB is a freight term that indicates when the ownership of goods being shipped transfers to the buyer and who pays the shipment freight. Freight collect means that the buyer pays the shipping and Freight prepaid means the seller pays the shipping.