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 Destination. Definition: FOB destination is a contraction of the term Free on Board Destination.. The term means that the buyer takes delivery of goods being shipped to it by a supplier once the goods arrive at the buyer's receiving dock. There are four variations on FOB destination terms, which are: 1  FOB destination, freight prepaid and allowed.