Topical Terminology > Fob Endorsement
1 Definition
Fob Endorsement
For Fob Endorsement we have a term and definition in International Business.
Fob Endorsement (International Business) 
Used with FOB, FAS, C&F, or CFR (but not CIF) quotations, FOB sales endorsement to an open marine policy can cover transit risk from the point of origin until title transfers. In these instances, the exporter relies on the importer to insure.
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