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Financial and business terms. 2012.
cost, 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 … Law dictionary
cost 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 … English contemporary dictionary
cost, insurance and freight — (C.I.F.) Quoted sales price which includes cost of goods, freight and insurance … Black's law dictionary
cost, insurance and freight — (C.I.F.) Quoted sales price which includes cost of goods, freight and insurance … Black's law dictionary
Cost 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 … Investment dictionary
Cost, 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… … Investment dictionary
Cost, 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… … Wikipedia
insurance — /in shoor euhns, sherr /, n. 1. the act, system, or business of insuring property, life, one s person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a… … Universalium
freight — 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… … Financial and business terms
insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
