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.
What is a FOB (Freight on Board). FOB is an acronym for Freight on Board. In North America, Freight on Board is a term that is commonly used when someone is shipping goods within the United States.It is a way to indicate who will pay loading and transportation costs. It is a contractual term and it indicates several things.hat is a FOB (Freight on Board). FOB is an acronym for Freight on Board. In North America, Freight on Board is a term that is commonly used when someone is shipping goods within the United States.