Free on Board: Export term in which the price quoted by the exporter does not include the costs of ocean transportation, but does include loading on board the vessel.
Free on board. Indicates that a quoted price includes loading on a railroad car or truck at the designated point, but no further transportation costs are included.
Indicates which services come with a price. Stands for 'free on board.' Describes a price which includes goods plus the services of loading those goods onto some vehicle or vessel at a named location, sometimes put in parentheses after the f.o.b. Source: William P. Rogers. 1978. The Coal Primer.
free on board
This is a shipping term, not a boat term. It means 
Free on Board: Export term in which the price quoted by the exporter does not include the costs of ocean transportation, but does include loading on board the vessel.
(Free on board truck.) Seller owns goods until they are loaded on truck; selling price includes all costs so far plus cost of loading on truck/vessel/transportation to final warehouse.
free on board
Free on board specifies that the seller loads the ship or other conveyance at the specified delivery point with the buyer paying freight charges.
Prices denote the so-called free-on-board payment, for material that a consumer or agent will give when he picks it up at a dealer's dock. The f.o.b. prices are usually less than delivered-to-works prices for the same items.