Fob destination refers to a situation where title to goods while in transit belongs to the "seller".
FOB destination is a short form of the expression "Free on Board Destination." The term implies that the purchaser or buyer takes conveyance of merchandise being delivered to it by a provider once the products touch base at the purchaser's getting dock. The four variations on FOB destination terms include:
FOB destination, freight prepaid and allowed.FOB destination, freight prepaid and added.FOB destination, freight collect.FOB destination, freight collect and allowed.