b c d e f g h i j k l m n o p q r s t u v w y z search |
TeachMeFinance.com - explain Basing Point Basing Point -- A location which is used to set the selling price of goods and the freight rates to all points. A price is set at a given location chosen as the ex-factory basing point with freight to the place of delivery added to create a delivered price. Then like goods, wherever they may be sold from, are charged freight to their destination as if they were shipped from the same location (the basing point).
|