One of the mysteries of the English language finally explained.
Including or assuming delivery without charge to a ship (or railway wagon).
- ‘Indian sugar is available for export at $305 a tonne free on board basis, compared with $312 a tonne for Thai sugar.’
- ‘Mining revenue for 2007 reflects the export coal sold on a ‘Free on Rail’ basis’
- ‘A supplier charged different prices for identical boxes of bananas delivered free on rail at the same ports, according to the Member State to which the boxes were going.’
- ‘I note that the explanatory note of the bill quotes figures of $2 per kilo, free on board, in 1999, and that has declined in 2 years to $1.53.’
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