Free on board (FOB) is a shipping term that indicates the point at which the responsibility and ownership of goods are transferred from the seller to the buyer. However, there are other terms that can be used to express the same idea. One alternative is FAS, which means 'Free Alongside Ship,' indicating that the responsibility passes to the buyer when the goods are placed alongside the vessel. Another term is CFR, short for 'Cost and Freight,' meaning that the seller is responsible for delivery to the port of destination and the buyer assumes ownership at that point. Finally, there is also CIF, which stands for 'Cost, Insurance, and Freight,' and requires the seller to pay for the freight, insurance, and delivery of goods to the port.