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. |
