What is another word for FOB ORIGIN?

Pronunciation: [fˈɒb ˈɒɹɪd͡ʒˌɪn] (IPA)

FOB Origin, an international trade term, refers to the point at which the seller assumes responsibility for the goods. However, there are several synonyms and alternative expressions to use in place of "FOB Origin" to convey the same meaning. These include "Ex Works", which pinpoints the seller's responsibility at their premises; "FOB Factory", which emphasizes the point at which the goods are loaded onto a carrier; and "FOB Shipping Point", which indicates the transfer of ownership once goods are handed over to the carrier. These synonyms allow individuals in the business industry to effectively communicate specific details regarding the location at which the seller relinquishes control and when the buyer assumes responsibility.

What are the opposite words for FOB ORIGIN?

FOB Origin is a common term used in the shipping industry to indicate that the buyer is responsible for arranging the shipment from the factory or the supplier's location. The term is often confused with another term - FOB Destination. The antonyms for FOB Origin are FOB Destination, EXW (Ex Works), and CIF (Cost, Insurance, and Freight). FOB Destination refers to the opposite, where the seller is responsible for arranging the shipment to the buyer's destination. EXW stands for Ex Works, where the buyer is responsible for all the expenses related to shipping the goods. CIF means that the seller is responsible for shipping and insuring the goods until they reach the buyer.

What are the antonyms for Fob origin?

Word of the Day

Ocular Disparity
Ocular disparity refers to the difference in perspective between the eyes, which allows for depth perception. The antonym of ocular disparity would be "ocular homogeneity," which r...