F.O.B. Freight Prepaid(redirected from F.O.B. Freight Pre-Paid)
F.O.B. Freight Prepaid
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 point from which it is to be transported to the buyer. While risk transfers to the buyer when the good is delivered to this point, the seller is responsible for transportation costs.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved