Garment & Textile · Production
FOB (Free on Board)
Factory sources everything and delivers at buyer’s export port. Higher margin for factory.
Pronunciation: 🇺🇸 US
/fɔb fri ɔn bɔrd/ 🇬🇧 UK/fɔb fri ɔn bɔːd/Definition
Factory sources everything and delivers at buyer’s export port. Higher margin for factory.
Industrialist View
Full-package service; buyer pays lumpsum. Preferred by retail.
Construction & Use
Incoterms 2020 definition.
Related Terms
CMT, FCA, CIF, Full-Package