fob Meaning in the Cambridge English Dictionary
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Meaning of “fob” in the English Dictionary

"fob" in British English

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fobnoun [C]

uk   /fɒb/  us   /fɑːb/
a ​piece of ​leather or other ​material to which a ​group of ​keys is ​fastened, or a ​chain or ​piece of ​material used, ​especially in the past, to ​fasten a ​watch to a man's waistcoat : a ​key fob a fob ​watch
(Definition of fob from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"FOB" in Business English

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FOBadjective, adverb

uk   us   TRANSPORT, COMMERCE
→  free on board : At the FOB ​point the ​risk of ​losspasses from the ​seller to the ​buyer.
(Definition of FOB from the Cambridge Business English Dictionary © Cambridge University Press)
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