fob meaning slang | BTCC Knowledge

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FOB, often used in slang, stands for 'Free On Board'. It is a trade term indicating that the seller is responsible for delivering the goods to a specified point of origin, such as a port or other shipping location, and the buyer assumes all costs and risks of transportation from that point on. In Samoan language, 'fob' may not have a direct equivalent, as it's a specialized financial term not widely used in everyday conversation.

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