TeachMeFinance.com - explain f.o.b. price
The price actually charged at the producing country's port of loading. The reported price should be after deducting any rebates and discounts or adding premiums where applicable and should be the actual price paid with no adjustment for credit terms.
About the author
Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.