cost, freight and insurance — COMMERCE ➔ Incoterm * * * cost, freight and insurance UK US noun [U] (ABBREVIATION CFI) TRANSPORT, INSURANCE ► used as an incoterm to mean that the total price of goods sold includes the price of … Financial and business terms
Cost and Freight — (CFR) is an Incoterm clearly defined in International Chamber of Commerce s publication 560 Incoterms 2000. It must always indicate the port of destination, ie CFR Shanghai .It means that the seller pays for transportation to the Port of… … Wikipedia
Cost 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… … Financial and business terms
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 and freight — noun Meaning the seller pays for transportation to the port of loading, cost and freight, and the buyer pays for the insurance and the rest of the transportation Syn: CIF, cif … Wiktionary
cost and freight — C F, selling price includes all costs and freight, seller bears the transportation charges to the port of shipment and loading and freight (the buyer bears the cost of the insurance and transportation of goods from the port of destination to… … English contemporary dictionary
New Jersey Department of Banking and Insurance — The New Jersey Department of Banking and Insurance (DOBI) is one of 15 principal departments in New Jersey government. The Department’s mission is to regulate the banking, insurance and real estate industries in a professional and timely manner… … Wikipedia
North Dakota Workforce Safety and Insurance — The North Dakota Workforce Safety and Insurance office (WSI) is the state agency in North Dakota charged with managing the state s workers compensation system. The office falls under the jurisdiction of the executive branch of government.… … Wikipedia
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
Insurance Services Office — Insurance Services Office, Inc. (ISO) is a provider of data, underwriting, risk management and legal/regulatory services to property casualty insurers and other clients. Headquartered in Jersey City, New Jersey, the organization serves clients… … Wikipedia