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AAPL 200.275 3.6835% MSFT 366.73 2.1191% NVDA 98.7901 1.94% GOOGL 151.18 2.3769% GOOG 153.648 2.5277% AMZN 173.255 3.5471% META 499.7028 3.1038% AVGO 169.28 1.8471% LLY 825.56 0.9217% TSLA 238.2263 4.7149% TSM 151.7625 2.6393% V 331.98 3.7113% JPM 235.695 2.9281% UNH 424.8971 -0.1018% NVO 59.54 2.0744% WMT 94.87 2.662% LVMUY 111.52 2.5943% XOM 108.17 2.6768% LVMHF 558.93 2.6728% MA 527.65 3.5989%
AAPL 200.275 3.6835% MSFT 366.73 2.1191% NVDA 98.7901 1.94% GOOGL 151.18 2.3769% GOOG 153.648 2.5277% AMZN 173.255 3.5471% META 499.7028 3.1038% AVGO 169.28 1.8471% LLY 825.56 0.9217% TSLA 238.2263 4.7149% TSM 151.7625 2.6393% V 331.98 3.7113% JPM 235.695 2.9281% UNH 424.8971 -0.1018% NVO 59.54 2.0744% WMT 94.87 2.662% LVMUY 111.52 2.5943% XOM 108.17 2.6768% LVMHF 558.93 2.6728% MA 527.65 3.5989%

Home » Glossary

Free On Board (FOB)

Updated on August 29, 2023

In the shipping industry, Free On Board is a term used in defining the liability of the shipment at a given point of time. It means the supplier of the goods holds the rights and liability of the shipment until that is loaded on the ship. And, when the shipment is loaded on the ship, the liability is transferred to the buyer. 

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