www.google.com
"define: fob"
at a named port of export where the seller quotes the buyer a price that covers all costs up to and including the loading of goods aboard a vessel.
Quote:
|
The price of a traded good excluding transport cost. It stands for "free on board," but is used only as these initials (usually lower case: fob). It means the price after loading onto a ship but before shipping, thus not including transportation, insurance, and other costs needed to get a good from one country to another.
|
If its fob Japan that means they'll pay to get it on a boat in Japan, but not to America. Fob America would obviously mean they'd pay for the trip.... at least thats MY understanding from the definition I just read.