Dictionary of Procurement Terms

Welcome to the NIGP Online Dictionary of Procurement Terms, the comprehensive reference for public purchasing terms and concepts.

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  • Free on Board (F.O.B.) Origin, Freight Collect

    Title passes at origin, and the Buyer pays the freight.

  • Free on Board (F.O.B.) Origin, Freight Prepaid and Added

    Title passes at origin, and seller pays the freight and then collects the charges from the purchaser by adding them to the invoice.

  • Free on Board (F.O.B.) Origin, Freight Prepaid and Allowed

    Title to the goods passes from the supplier to the agency at Point of Origin and supplier pays and bears the freight expense. Agency owns goods in transit and files claims, if any.

  • Free on Board (F.O.B.) Origin, Freight Prepaid and Charged Back

    Title passes at origin, seller pays the freight and adds it on to the seller’s invoice.

  • Free Rider

    The name given to individuals who reap direct benefits from someone else’s purchase or consumption of a public good. (Schiller, 2000)

  • Free Trade

    The uninhibited flow of goods and services across international borders. (Schiller, 2000)

  • Freedom of Information Acts

    Designed to make government bodies more open (by requiring release of information collected by the public body) and, at the same time, more accountable (by controlling what information may be released). Also known as Freedom of Information Legislation (FOIL).

  • Freeware

    Software found on the Internet that is available for download and usage without cost (or free of charge) to the user.

    See Also: Shareware

  • Freight

    1. Supplies, goods, and transportable property being moved between locations. 2. Compensation paid for the transportation of goods or for the use of a carrier.

  • Freight Bill Audit

    A review of freight bills to determine if the assessed charges were correct. It checks the classification, rating, or extension either by a third party or an inside auditor. (Martin & Miller, 2006)

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