F.O.B. Airport

(redirected from FOB Airport)

F.O.B. Airport

In international commerce, an agreement between a seller and a buyer indicating that the seller has fulfilled his/her obligation to deliver a good when he/she has transferred it to the airport from which it will be transported. All cost and risk transfers to the buyer when the good comes to the airport. The buyer designates the specific airport to which the seller must deliver the good.
References in periodicals archive ?
To mention a few of such bills would include bringing the University of Houston to Sugar Land, establishing the Fort Bend Technical Center with Wharton Junior College, and helping Sugar Land be the best FOB Airport in the country.