CIF

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C.I.F.

the total of cost, insurance and freight charges to be paid on goods purchased and shipped.

CIF

‘cost, insurance, freight’, a special type of sale of goods. The quoted price includes the cost of the goods, the cost of insurance while the goods are in transit and the cost of the freight to the destination. It clearly eases the buying of goods across national boundaries, especially so where distance is involved. The seller is in the best position to obtain a good price for insurance and freight, so the utility of the standard contract is evident. The seller delivers the goods to the carrier and sends the invoice, insurance policy and bill of lading to the buyer.
References in periodicals archive ?
Kier and FPS have entered into a five-year agreement under which FPS will continue to supply Kier with fleet services to its local authority highways and utilities businesses.
All this points to the fact that we've already seen the death of the FPS we know and love.
It may be suggested that FPS in combination of the CB can be utilized for earthworm culture which eventually can be used for soil treatment.
Members heard a rallying cry from the Advisory Board that the FPS Group is in a better position than its rival groups to counter the prevailing economic woes in many of its markets.
Moschofilero FPS 01--This cultivar's berry color resembles Gewurztraminer, and it can produce white and rose wines with aromatic and Muscat character.
In practice, the FPS works like an onboard laboratory where multiple analytical tests are carried out to measure the physical properties of fluids.
The committee staff report said government auditors found two years ago that Startech's accounting system was "non-existent," but that did not raise a red flag with FPS.
Given these data, the perpetual focus of policy-makers and care providers on increasing numbers of FPS will not help in diagnosing or treating issues of supply, workloads and access to care," the article states.
One of the largest wholesale distributors of vehicle parts to the UK automotive aftermarket, FPS Distribution has 19 centres nationwide and a customer base of over 2,400 independent motor factors.
Not so, counters Juha Makinen, director of communications for FPS.
The new lineup of FPS products includes FPS/Step-Tec vector control high speed milling spindles; FPS/TDM compact, high speed, automatic tool-change spindles; FPS/SPL direct replacement spindles for Heald internal grinders; and FPS/Schaublin HSK tooling (balanced to 2.
Designed to improve gunplay at all ranges and to increase maneuverability and comfort, each product in KontrolFreek's "Perfect Arsenal" is tailored to the different needs of FPS gamers.