cost insurance freight price
1Cost, insurance, freight — (CIF) A type of sale in which the buyer of the product agrees to pay a unit price that includes the f.o.b. value of the product at the point of origin plus all costs of insurance and transportation. This type of transaction differs from a… …
2cost, insurance and freight — COMMERCE ➔ Incoterm * * * ► See CIF. * * * cost, insurance and freight UK US noun [U] (ABBREVIATION CIF) ► TRANSPORT, INSURA …
3Cost, Insurance and Freight — (CIF) is a common term in a sales contract that may be encountered in international trading when ocean transport is used. It must always indicate the port of destination, ie CIF Shanghai. When a price is quoted CIF, it means that the selling… …
4cost, insurance, and freight — adj: including the cost of goods being shipped and the freight and insurance charges Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. cost, insurance, and freight …
5Cost and Freight — ( CFR) Seller is responsible for the payment of freight to carry goods to a named destination, as agreed with the buyer. This should be used with ocean shipments only, as the point where risk and responsibility pass from seller to buyer is the… …
6cost insurance and freight — price of goods including transportation and insurance costs, cost of merchandise includes freight and insurance fees, seller bears the insurance and all transportation and various other charges to the point of debarkation for the vessel, CIF …
7cost, insurance, and freight — A mercantile term, abbreviated c. i. f. or c. a. f. which, when used in connection with a contract for the sale of goods, indicates that the price quoted to the purchaser includes the cost of the goods, the cost of insurance thereon, and freight… …
8cost, insurance and freight — (C.I.F.) Quoted sales price which includes cost of goods, freight and insurance …
9cost, insurance and freight — (C.I.F.) Quoted sales price which includes cost of goods, freight and insurance …
10cost and freight — C F, selling price includes all costs and freight, seller bears the transportation charges to the port of shipment and loading and freight (the buyer bears the cost of the insurance and transportation of goods from the port of destination to… …
