Examlex
What is the difference between an embargo and a boycott?
FOB Destination
A shipping term indicating that the seller bears the transport costs and retains ownership until the goods reach the buyer's location.
FOB Shipping Point
A term indicating that the buyer takes ownership and responsibility for goods at the point of departure from the seller's shipping dock.
Freight-Out
Refers to the cost associated with shipping goods to customers, a part of the selling expenses in accounting.
Periodic Inventory System
An inventory system that records inventory levels and the cost of goods sold at specific intervals, rather than continuously.
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