Cost, Insurance, and Freight (CIF) Definition - Investopedia
https://www.investopedia.com/terms/c/cif.asp
Cost, insurance, and freight (CIF) is an international shipping agreement, which represents the charges paid by a seller to cover the costs, insurance, and freight of a buyer's order while the cargo is in transit. Cost, insurance, and freightonly applies to goods transported via a waterway, sea, or ocean. The goods are exported to the bu… The contract terms of CIF define when the liability of the sellerends and the liability of the buyer begins. CIF is only used when shipping goods overseas or via a waterway. The seller has the responsibility for paying the cost and freight of shipping the goods to the buyer's port of destinati…
Cost, insurance, and freight (CIF) is an international shipping agreement, which represents the charges paid by a seller to cover the costs, insurance, and freight of a buyer's order while the cargo is in transit. Cost, insurance, and freightonly applies to goods transported via a waterway, sea, or ocean. The goods are exported to the bu…
The contract terms of CIF define when the liability of the sellerends and the liability of the buyer begins. CIF is only used when shipping goods overseas or via a waterway. The seller has the responsibility for paying the cost and freight of shipping the goods to the buyer's port of destinati…
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