shipping point and free on board (FOB) destination are international commercial terms (Incoterms) that designate who is liable for goods during transit. FOB shipping means the buyer assumes ...

In an FOB Destination shipping arrangement, the shipment becomes the property of the buyer when it reaches a specified destination in the shipping process. Unless specified otherwise, the seller ...

Dara-Abasi Ita writes about trading and investing for Investopedia and Investing.com, and he is an editor at Lawverse magazine. He has written about financial topics, including private equity ...