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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 ...
GP – Gross Profit. GPO – Group purchasing organization. GRN – Goods Receipt Note. GRNI – Goods Receipt Not Invoiced. GSV – Gross Sales Value. GVC – Global value chain. GMROII – Gross Margin Return on Inventory Investment. G&A – General and Administration expense. expenditures related to the day-to-day operations of a business.
The Incoterms or International Commercial Terms are a series of pre-defined commercial terms published by the International Chamber of Commerce (ICC) relating to international commercial law. [ 1] Incoterms define the responsibilities of exporters and importers in the arrangement of shipments and the transfer of liability involved at various ...
t. e. Cost of goods sold ( COGS) is the carrying value of goods sold during a particular period. Costs are associated with particular goods using one of the several formulas, including specific identification, first-in first-out (FIFO), or average cost. Costs include all costs of purchase, costs of conversion and other costs that are incurred ...
The centimetre–gram–second system of units ( CGS or cgs) is a variant of the metric system based on the centimetre as the unit of length, the gram as the unit of mass, and the second as the unit of time. All CGS mechanical units are unambiguously derived from these three base units, but there are several different ways in which the CGS ...
AA – Assembly area. AA – Anti-aircraft. AA – AEGIS ashore. AAA – Anti-aircraft artillery "Triple A". AAAV – Advanced Amphibious Assault Vehicle. AAC – Army Acquisition Corps. AAD – Armored amphibious dozer. AADC – Area air defense commander. AAE – Army acquisition executive.
Flag of convenience. Focus (linguistics) Forward of center (or front of center), a measure of the weight bias of an arrow. Fractional-order control. Free of charge. Freedom of choice. Full operational capability. Fusarium oxysporum f. sp. cubense or Foc, the pathogen of Panama disease/Fusarium wilt of banana.
Full operating capability. In military acquisition, full operating capability or full operational capability (FOC) is the completion of a development effort. This is usually preceded by an initial operating capability or initial operational capability (IOC) phase. For the United States Department of Defense military acquisition FOC is defined ...