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Topical Terminology > Fob Point Of Origin



1 Definition

Fob Point Of Origin

For Fob Point Of Origin we have a term and definition in Accounting.



Fob Point Of Origin (Accounting)

is where the supplier is responsible for all shipping costs to the point of having the goods loaded unto the vessel for shipment to its destination. The purchaserfrom that point forwardis responsible for all further shipping costs to the point of destinatione.g.insurancetransportationetc.




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