Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
free on board
A mercantile term denoting that the seller is responsible for delivering goods on board a ship or other conveyance for carriage to the consignee at a specified location <FOB Indianapolis plant>. ( The seller must deliver the goods to the vessel named and has the risk of loss until the goods reach that location. -Abbr. FOB. Cf. FREE ALONGSIDE SHIP; COST, INSURANCE, AND FREIGHT.