Definition of f.a.s. value

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TeachMeFinance.com - explain f.a.s. value



f.a.s. value

The term 'f.a.s. value' as it applies to the area of energy can be defined as ' Free alongside ship value. The value of a commodity at the port of exportation, generally including the purchase price plus all charges incurred in placing the commodity alongside the carrier at the port of exportation in the country of exportation'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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