Cost Insurance and Freight
- Cost Insurance and Freight
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Seller is responsible for the payment of freight to carry goods to a named destination, as agreed with the buyer. The seller is also responsible for providing cargo insurance at minimum coverage against the buyer's risk of loss or damage to the goods during transport. This term should be used with ocean shipments only, as the point where risk and responsibility pass from seller to buyer is the rail of the carrying vessel. Bloomberg Financial Dictionary
Financial and business terms.
2012.
Look at other dictionaries:
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 — (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
cost, insurance and freight — COMMERCE ➔ Incoterm * * * ► See CIF. * * * cost, insurance and freight UK US noun [U] (ABBREVIATION CIF) ► TRANSPORT, INSURA … Financial and business terms
Cost, Insurance And Freight — CIF est un Incoterm qui signifie Cost, Insurance and Freight Incoterms 2000 EXW | FCA | FAS | FOB | CFR | CIF | DAF | DES | CPT | CIP | DEQ | DDU | DDP … Wikipédia en Français
Cost, Insurance and Freight — CIF est un Incoterm qui signifie Cost, Insurance and Freight Incoterms 2000 EXW | FCA | FAS | FOB | CFR | CIF | DAF | DES | CPT | CIP | DEQ | DDU | DDP … Wikipédia en Français
Cost, insurance and freight — CIF est un Incoterm qui signifie Cost, Insurance and Freight Incoterms 2000 EXW | FCA | FAS | FOB | CFR | CIF | DAF | DES | CPT | CIP | DEQ | DDU | DDP … Wikipédia en Français
cost, insurance and freight — >> C.I.F. Webster s New World Law Dictionary. Susan Ellis Wild. 2000 … Law dictionary
Cost, Insurance and Freight — Области действия терминов Инкотермс CIF (англ. Cost, Insurance and Freight стоимость, страхование и фрахт) международный коммерческий торговый термин. (См. … Википедия
Cost, Insurance and Freight — CIF (Cost, Insurance and Freight Costo, Seguro y Flete) Significa que el vendedor hace entrega cuando las mercancías sobrepasan la borda del buque en el puerto de embarque convenido. El vendedor también debe pagar los costos y fletes necesarios… … Enciclopedia Universal
cost, 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… … Ballentine's 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
