Define tram: any of various vehicles: such as; a carrier that travels on an overhead cable or rails; streetcar â tram in a sentence any of various vehicles: such as; a carrier that travels on an overhead cable or rails; streetcarâ¦
Best Answer: Free on board(freight on board) price means a price which includes goods plus the services of loading those goods onto some vehicle or vessel at a named location, sometimes put in parentheses after the f.o.b. example: fob(shipping point)-means the price is good only till the loading /shipping area.
See also: vision mixer, tunnel vision, line of vision, visional. FOB. FOB. n. Free On Board: A legal term meaning that when the seller loads merchandise for transportation, he bears full responsibility for it but if the merchandise is later lost or harmed, the buyer suffers the loss.