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Definition

FOB origin is a form of geographical pricing in which the seller quotes prices from the point of shipment. It is the buyer's responsibility to select the mode of transporting the goods, choose the specific carrier, handle all claims, and pay all shipping charges.[1]

See also


References

  1. ^ American Marketing Association. Dictionary. <https://www.ama.org/resources/Pages/Dictionary.aspx> (cited 30 June 2015).

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