What exactly is the definition of a FOB?

Answer

free on board. free on board: without charge to the buyer for goods placed on board a carrier at the point of shipment:\\. or FOB. –noun. 1. a small pocket just below the waistline in trousers for a watch, keys, change, etc. Compare watch pocket. 2.
1 Additional Answer
Ask.com Answer for: what is the definition of fob
fob
[fob]
NOUN
1.
a small pocket just below the waistline in trousers for a watch, keys, change, etc.
2.
a short chain or ribbon, usually with a medallion or similar ornament, attached to a watch and worn hanging from a pocket.
3.
the medallion or ornament itself.
Source: Dictionary.com
Q&A Related to "What exactly is the definition of a FOB?"
FOB Destination means that the seller owns the goods until the buyer receives them. Therefore, the seller pays the shipping costs. FOB Shipping means that the buyer owns the goods
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According to urbandictionary.com, FOB stands for "Fresh of Boat". It is a cruel term used to describe recent Asian immigrants.
http://www.kgbanswers.com/what-is-the-urban-dictio...
Free On Board is a shipping term that indicates that when a company purchases supplies, the supplier is responsible for the supplies, and therefore pays the cost of shipping and insurance
http://www.advfn.com/money-words_term_2032_FOB.htm...
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