FOB (Free-On-Board) Destination: A business term meaning that the seller of merchandise bears the shipping costs and maintains ownership until the merchandise is delivered to the buyer.

 

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FOB (Free-On-Board) Destination: A business term meaning that the seller of merchandise bears the shipping costs and maintains ownership until the merchandise is delivered to the buyer.

Free On Board (FOB): An exchange rate system characterized by the absence of government intervention. Also known as clean float.

Personal Information Destination (PID): There are millions of pages of information on the web, but if you are looking for a specific item, there is only one page -- or very few -- that contains exactly the information you need. Th . . . View Full Definition

FOB (Free-On-Board) Shipping Point: A business term meaning that the buyer of merchandise bears the shipping costs and acquires ownership at the point of shipment.

Destination: (1) the place to which a traveler is going. (2) in the travel industry: any city, area or country which can be marketed as a single entity to tourists.

FOB: An abbreviation of Free On Board. It generally forms part of an export contract where the seller pays all the costs and insurance of sending the goods to the port of shipment. After that, th . . . View Full Definition

Destination Marketing Organization (Dmo): An organization that promotes a destination rather than a specific product such as state tourism offices, cvb’s, regional marketing organizations and chambers of commerce.