Definition of f.o.b. value (coal)

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TeachMeFinance.com - explain f.o.b. value (coal)



f.o.b. value (coal)

The term 'f.o.b. value (coal)' as it applies to the area of energy can be defined as ' Free-on-board value. This is the value of coal at the coal mine or of coke and breeze at the coke plant without any insurance or freight transportation charges added'.

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Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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