Definition of FIOS
"Free in and out stowage”. Term indicates that the vessel does not pay for the costs of loading, stowage or discharge. Nitram, Inc. v. Cretan Life, C.A.Fla., 599 F.2d 1359, 1368.
That's the definition of FIOS in Black's Law Dictionary 6th Edition. Courtesy of Cekhukum.com.
