Business Letters Index


Commercial Terms starting with F.





Face Value : The value stated on the face of a security or insurance policy. This is the value on maturity or death.


Factor : A merchant who buys and sells on commission the goods if the bill drawn is not honoured.


Free on Board : it means that the sale price covers all charges including delivery of goods, free on board truck, car or vessel at a designated point, either at the origin or the destination of a shipment.


Free on Rail : It means all expenses up to the loading of goods in rail will be borne by the seller.


Commercial Terms beginning with...


A | B | C | D | E | F | G | H | I | J | K | L | M

N | O | P | Q | R | S | T | U | V | W | X | Y | Z




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