F.A.S. (Free Alongside Ship)
Definition
A term used in the sale of goods to indicate that the seller will arrange for the goods to be delivered alongside the buyer’s vessel at a designated port, at which time risk of loss transfers to the buyer.
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A term used in the sale of goods to indicate that the seller will arrange for the goods to be delivered alongside the buyer’s vessel at a designated port, at which time risk of loss transfers to the buyer.