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 Glossary   >   C   >   "Cost, Insurance, and Freight - CIF" Definition   

        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.

Cost, Insurance, and Freight - CIF


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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.


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.