EXPORT DECLARATION - A form filled out by a US exporter for government statistical and export-control purposes.
F.A.S. VESSEL (Free alongside steamer) - Seller owns goods until they are delivered alongside vessel; selling price includes all costs so far plus cost of transportation to dock.
F.C.&S. (Free of Capture & Seizure) - Clause excluding war risks from the Marine Policy; war risks can be covered by issuing a separate War Policy with an additional premium being charged.
F.O.B. TRUCK (Free on board truck) - Seller owns goods until they are loaded on truck at his factory; selling price includes all costs so far plus cost of loading on truck.
F.O.B. VESSEL (Free on board vessel) - Seller owns goods until they are loaded on vessel; selling price includes all costs so far plus cost of loading on vessel.
F.O.B. WAREHOUSE (Free on board warehouse) - Seller owns goods until they are delivered to buyer’s warehouse at final destination; selling price includes all costs so far plus transportation to final warehouse.
F.O.B./F.A.S. ENDORSEMENT - If a merchant sells on F.O.B., F.A.S., C &F or similar terms, it is the buyer’s responsibility to place the insurance.
FLAGS OF CONVENIENCE - Nations that have lax maritime registration rules. Many ships are registered in these countries because of their lenient safety and crew requirements.