fab

adj. terrific, great (Slang)

FAB may mean: FAB, the IATA airport code for Farnborough AirfieldFederated Array of Bricks, a low-cost distributed storage system that provides block-level storage and uses distributed data replication for fault toleranceFeline Advisory Bureau, a UK feline charityFlavoured Alcoholic Beverages, also known as alcopopsForça Aérea Brasileira, the Brazilian Air Force
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Fab [ f ragment, a ntigen- b inding] originally, either of two identical fragments, each containing an antigen combining site, obtained by papain [more]Fab - Community and Resources

Adjective
1. extremely pleasing; "a fabulous vacation"
(synonym) fabulous
(similar) pleasing

FOB, free on board, term which indicates that the seller will pay transportation costs to a specified point and from that point onward the purchaser is responsible