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  2. FOB (shipping) - Wikipedia

    en.wikipedia.org/wiki/FOB_(shipping)

    FOB (free on board) is a term in international commercial law specifying at what point respective obligations, costs, and risk involved in the delivery of goods shift from the seller to the buyer under the Incoterms standard published by the International Chamber of Commerce. FOB is only used in non-containerized sea freight or inland waterway ...

  3. Full operating capability - Wikipedia

    en.wikipedia.org/wiki/Full_operating_capability

    FOC is a certification event marking completion of training, providing maintenance facilities, and end of planned production of the item. This does not preclude additional orders to obtain the item outside that contract or after that contract FOC.

  4. Incoterms - Wikipedia

    en.wikipedia.org/wiki/Incoterms

    Incoterms inform sales contracts defining respective obligations, costs, and risks involved in the delivery of goods from the seller to the buyer, but they do not themselves conclude a contract, determine the price payable, currency or credit terms, govern contract law or define where title to goods transfers.

  5. List of business and finance abbreviations - Wikipedia

    en.wikipedia.org/wiki/List_of_business_and...

    In this equation, Ke (COE) equals the anticipated return from the difference (Beta) of investment yields from a return based on market expectations (Rm) [9] and a Risk Free Rate (Rf), such as Treasury Bills or Bonds. KIBOR – Karachi Interbank Offered Rate; KPI – Key Performance Indicator, a type of performance measurement. An organization ...

  6. Flag of convenience - Wikipedia

    en.wikipedia.org/wiki/Flag_of_convenience

    Flag of convenience (FOC) is a business practice whereby a ship's owners register a merchant ship in a ship register of a country other than that of the ship's owners, and the ship flies the civil ensign of that country, called the flag state. [1]

  7. Initial operating capability - Wikipedia

    en.wikipedia.org/wiki/Initial_operating_capability

    Initial operating capability or initial operational capability (IOC) is the state achieved when a capability is available in its minimum usefully deployable form. The term is often used in government or military procurement.

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