FOB What does it mean?
Free On Board
FOB means Free On Board. The seller delivers the goods on board the vessel nominated by the buyer at the named port of shipment. In an actual trade document, the parties should define the commercial scope, named place, currency, quantity, timing, and governing contract instead of relying on the label alone.
English source text; no reviewed translation is available for this entry.Chinese explanation
FOB（Free On Board）是 Incoterms® 2020 中适用于海运或内河运输的贸易术语。卖方负责将货物运至约定装运港并装上买方指定船舶；货物装船后，货损风险通常转移给买方。 在实际外贸文件中，需要同时核对交易主体、币种、数量、交付地点、时间节点和合同版本；同一表达在询价、订单、发票与运输单据中的责任边界可能不同。
English definition
FOB means Free On Board. The seller delivers the goods on board the vessel nominated by the buyer at the named port of shipment. In an actual trade document, the parties should define the commercial scope, named place, currency, quantity, timing, and governing contract instead of relying on the label alone.
Usage
Use this expression only with confirmed product, order, payment, or logistics facts. Check the requirements of the target market.
Common mistakes
Confirm the term, scope, units, and commercial conditions before using it in customer-facing content.