What is the meaning of Fob?

A little pocket near the waistline of a pair of trousers or in a waistcoat or vest to hold money or valuables, especially a pocket watch.

A short chain or ribbon to connect such a pocket to the watch.

A small ornament attached to such a chain.

A hand-held electronic device that can be used as a remote control or as a key to unlock motor cars, doors, etc.

To cheat, to deceive, to trick, to take in, to impose upon someone.

To beat; to maul.

Alternative letter-case form of FOB (free on board)

Source: wiktionary.org