Define: Fios

Fios
Fios
Quick Summary of Fios

FIOS is an acronym for “Free in and out stowed,” indicating that the shipper bears the responsibility and cost of overseeing the loading, unloading, and stowing of the cargo. Essentially, the shipper assumes the role of ensuring the safe and secure transportation of the goods onto and off the ship.

Full Definition Of Fios

FIOS, short for “Free in and out stowed,” is a term commonly used in a bill of lading. It signifies that the shipper bears the responsibility of overseeing and covering the costs for the loading, unloading, and stowing of the cargo. For instance, if a company chooses to ship a container of goods from China to the United States using FIOS terms, they are accountable for hiring workers to load the container onto the ship in China and subsequently unload and stow it upon arrival in the United States. Similarly, if another company ships a shipment of cars from Japan to Australia using FIOS terms, they are in charge of supervising the loading of the cars onto the ship in Japan and then unloading and stowing them upon arrival in Australia. These examples serve to demonstrate the practical application of FIOS. When a company opts for FIOS terms, they assume full responsibility for all aspects of the loading, unloading, and stowing of their cargo. While this can provide companies with greater control over the shipping process, it can also be more costly and time-consuming compared to other alternatives.

Fios FAQ'S

Yes, Fios is a legal service provided by Verizon Communications Inc. It offers internet, television, and telephone services to residential and business customers.

The cancellation policy for Fios contracts may vary depending on the terms and conditions agreed upon during the sign-up process. It is advisable to review your contract or contact Verizon customer service for specific details regarding cancellation fees or penalties.

Yes, Fios offers services for both residential and business customers. They provide internet, TV, and phone solutions tailored to meet the needs of commercial establishments.

Fios internet plans typically do not have data caps or limitations. However, it is recommended to review the specific terms of your chosen plan to ensure there are no restrictions on data usage.

Fios services can be bundled with other Verizon services, such as wireless plans, to avail of additional discounts or benefits. However, bundling options may vary depending on your location and availability.

In the event of a service outage, Fios customers can contact Verizon customer support to report the issue. Verizon will work to resolve the problem as quickly as possible and may provide updates on the estimated time of restoration.

Yes, Fios offers options for transferring your service to a new address. It is recommended to contact Verizon customer service well in advance to schedule the transfer and ensure a seamless transition.

Early termination fees may apply if you cancel your Fios contract before the agreed-upon term. The specific fees and conditions can be found in your contract or by contacting Verizon customer service.

Fios allows customers to use their own compatible equipment, such as routers or modems, with their services. However, it is important to ensure that the equipment meets the necessary technical requirements and is compatible with Fios.

If you have a billing dispute with Fios, it is recommended to contact Verizon customer service to discuss the issue. They will assist you in resolving the dispute and provide guidance on any necessary steps to be taken.

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Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 17th April 2024.

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