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FOB price

Rahul (MT) (102 Points)

07 April 2017

Hi friends.. Can you please give me brief about FOB??

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https://www.investopedia.com/terms/f/fob.asp

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Ajit Hegde (CA - Final) (1367 Points)
Replied 12 April 2017

FOB is Free on board price. To explain in simple words, cost of exports is beared only upto the port of loading the goods. Frieght charges are borned by the customer.

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