FOB Terminology Grid

FOB Terminology Grid



Freight Term Ownership Payment Terms Claims
Destination Title (ownership) passes to buyer at delivery point specified by the buyer. Seller pays freight charges. Buyer not invoiced for freight. Seller owns goods in transit. Seller files any claims.
Destination,
Prepaid & Allowed
Title (ownership) passes to buyer at delivery point specified by the buyer. Seller pays freight charges. Buyer not invoiced for freight. Seller owns goods in transit. Seller files any claims.
Destination,
Prepaid & Added
Title (ownership) passes to buyer at delivery point specified by the buyer. Seller pays freight charges. Buyer invoiced for freight. Seller owns goods in transit. Seller files any claims.
(Origin)
Shipping Point
Title (ownership) passes to buyer at the seller's ship point Seller pays freight charges. Buyer invoiced for freight. Buyerowns goods in transit.Buyer files any claims.
(Origin)
Shipping Point,
Prepaid & Allowed
Title (ownership) passes to buyer at the seller's ship point Seller pays freight charges. Buyer not invoiced for freight. Buyerowns goods in transit.Buyer files any claims.
(Origin)
Shipping Point,
Prepaid & Charged
Title (ownership) passes to buyer at the seller's ship point Seller pays freight charges. Buyer invoiced for freight. Buyerowns goods in transit.Buyer files any claims.


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