Free Carrier. In international commerce, an agreement between a seller and a buyer indicating that the seller has fulfilled his/her obligation to deliver a good when he/she has transferred it to the port, airport, or other place from which it will be transported.
Definition of UNIT FRACTION. : a fraction whose numerator is unity and whose denominator is an integer.
The noun FRACTION has 3 senses: 1. a component of a mixture that has been separated by a fractional process. 2. a small part or item forming a piece of a whole. 3. the quotient of two rational numbers. Familiarity information: FRACTION used as a noun is uncommon.