Free of capture and seizure.
Trade Terms
F.D.
Free discharge.
F.F.A.
Free from average.
F.I.A.
Full interest admitted.
F.I.F.O.
First in, first out. A method of inventory rotation in which the oldest items are shipped out before the newer arrivals.
F.I.W.
Free in wagon.
F.M.
Fine measurement.
F.O.W.
First open water.
E.E.
Errors accepted.
E.L.Q.
Economic logistics quantity. That order quantity which will minimize total logistics costs in the shipment. It must minimize any combination of purchasing costs, traffic costs, and storage costs in the…
