(carriage insurance and freight)
1cost, 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… …
2carriage and freight — UK US noun [U] (ABBREVIATION CFR) ► COMMERCE, TRANSPORT, INSURANCE COST AND FREIGHT(Cf. ↑cost and freight) …
3Cost, Insurance and Freight - CIF — A trade term requiring the seller to arrange for the carriage of goods by sea to a port of destination, and provide the buyer with the documents necessary to obtain the goods from the carrier. Contracts involving international transportation… …
4Cost 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… …
5freight — A transportation term meaning either goods being transported, and/or charges incurred for such transport. Bloomberg Financial Dictionary * * * ▪ I. freight freight 1 [freɪt] noun [uncountable] 1. TRANSPORT goods carried in large quantities by… …
6Freight forwarder — The storefront of one of many freight forwarders located around Guangzhou s garment districts. The list of destinations indicate that this business serves importers of Chinese clothes to countries such as Russia and Azerbaijan. A freight… …
7freight and insurance paid — ˌfreight and inˌsurance ˈpaid noun [uncountable] another name for carriage and insurance paid * * * freight and insurance paid UK US adverb TRANSPORT, INSURANCE ► CARRIAGE AND INSURANCE PAID(Cf. ↑carriage and insurance paid) …
8Cost and Freight - CFR — A trade term requiring the seller to arrange for the carriage of goods by sea to a port of destination, and provide the buyer with the documents necessary to obtain the goods from the carrier. Under CFR, the seller does not have to procure marine …
9Carriage Paid To — (CPT) is an Incoterm. It can be used for all modes of transport including multimodal transport. The seller pays for the freight to the named point of destination. The buyer pays for the insurance. The passing of risk occurs when the goods have… …
10carriage and insurance paid — ➔ Incoterm * * * carriage and insurance paid UK US adjective, adverb (also freight and insurance paid, ABBREVIATION CIP) ► COMMERCE, TRANSPORT, INSURANCE used to show that the company or person sending goods has …
