What is FREE ON BOARD?

A sale of goods “free on board” imports that they are to be delivered on board the cars, vessels, etc., without expense to the buyer for packing, cartage, or other such charges.In a contract for sale and delivery of goods “free on board” vessel, the seller is under no obligation to act until the buyer names the ship to which the delivery is to be made. Dwight v. Eckert, 117 Pa. 508, 12 Atl. 32.

More On This Topic



Link to This Definition
Did you find this definition of FREE ON BOARD helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary