Business Terms and Jargon Explained

What is Free on board

This represents the valuation of imports and exports of goods used in the economic accounts, including all costs invoiced by the exporter up to the point of loading on to the ship or aircraft but excluding the cost of insurance and freight from the country of consignment. It is equal to the c.i.f. price less the costs of transportation and insurance charges, between the customs frontier of the exporting country and the importing country, and vice versa..

Crown Copyright. Material taken from National Statistics website: www.statistics.gov.uk. Reproduced under the terms and conditions of the Click-Use Licence.

<- Go Back
Business Terms Home page

Search Jargon and Terms Database

A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z


Search Term   

Quant Quasi-judicial functions Zero Haven
BTI LCP Input Tax
Jus VIES Click Fraud
NDA Zloty Kangaroos
Take offline Employment contracts ASCII
Business case Accounts payable TANGO
Scalability National debt Firewall
Non-Monetary Special Commissioner Break up value
Tax Form - P138S Landlord Technical economies
Corporate Culture Quantize Voir Dire
Make waves Realisable property Capital Goods Scheme
Base58 In solidum Health insurance
Notice to quit Fifo Bank of England

Term created / updated 2007-01-19 15:05:30

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.

Copyright © 2004-2019 Scopulus Limited. All rights reserved.