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Free alongside ship

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Free Alongside Ship (...named port of shipment)
Abbreviation: FAS
See Inco Terms ...

 


Free Alongside Ship (F.A.S.):
A term commonly used in international trade contracts indicating that the quoted price by the seller includes insurance and charges for delivery of the goods alongside a designated vessel at the port of departure.

Free Alongside Ship (FAS)
An Incoterm (FAS) that means the seller is responsible for the cost of transporting and delivering goods alongside a vessel in a port in his or her country.

Free alongside ship (FAS)
An Incoterm, where the seller clears the goods for export. Delivery takes place when the goods are placed alongside the relevant ship at a named port. From this point the buyer bears all costs and risks.

FAS (Free Alongside Ship...named port of shipment)
The seller fulfils his obligation to deliver when the goods have been placed alongside the vessel on the quay or in lighters at the named port of shipment.

Free Alongside Ship. Terms indicating that the seller's price includes delivery of goods at a ship's pier. Title to the goods will transfer to the buyer alongside the ship.
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Free Alongside Ship (FAS)
seller accepts responsibility for the shipment; for example, from factory to pier. The buyer assumes risk and expenses from there.
Referring Terms: ...

FAS
Free alongside ship. A pricing term indicating that the quoted price includes the cost of delivering the goods alongside a designated vessel.

The term "Free Alongside Ship," in international trade, refers to the point of embarkation from which the vessel or plane selected by the buyer will transport the goods.

FAC See: Federal Advisory Council FAS Abbreviation for the Incoterm Free Alongside Ship.

Stands for "free alongside ship."
Fast track
A procedure adopted by the U.S. Congress, at the request of the President, committing it to consider trade agreements without amendment.

FAS - free alongside ship
FAST - fast automated screen trading (UK, LCE)
FAZ - Frankfurter Allgemeine Zeitung (Germany, newspaper and stock index)
FCOJ - frozen concentrated orange juice
FIBOR - Frankfurt interbank offered rate ...

An international commercial term (Incoterm), meaning "free alongside ship, ...

FAS - Abbreviation for the Incoterm Free Alongside Ship.
FAS (FREE ALONG SIDE) - e.g. "F.A.S. New York", means that, for instance, if goods are shipped from the...

See also: On board, Free on board, FOB, Expense, Banks

Business Freddie MacFree and clear

 
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