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basing point

noun
1.
a geographical location from which freight charges are computed by the seller regardless of the point from which the goods are shipped.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for basing point
  • Generally, rates or prices increase according to the distance from the basing point.
  • Also it should be noted that under the basing point pricing systems, the processors must pay freight to the wholesale market.
  • Generally, minimum fluid farm milk prices increase according to the distance from the basing point.

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Difficulty index for basing point

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Word Value for basing

9
12
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