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.

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References in periodicals archive ?

Project name : BB - BANK BUDGETTF0A2009 - CIF Special Initiatives for Learning and Knowledge Exchange

Evaluation And Learning Partnership On Transformational Change In The Climate Investment Funds

That would mean over half of CIF money used would have been put towards the council's own projects.

Council defends cash handouts to small businesses

The EU executive believed that this plan was compatible with the EU crisis rules for state aid to banks because "the CIF pays an adequate remuneration for the guarantees provided by the state and also contributes to bearing the resolution costs".

STATE AID : FRENCH RESOLUTION PLAN FOR COMMERCIAL CREDIT APPROVED

A CIF is created by a declaration of trust, with each investing retirement plan holding a proportionate interest in the underlying assets.

Back to a Classic

Under a CIF contract, the purchaser is obliged to pay against the tender of a clean bill of lading that covers the goods contracted to be sold, an insurance policy and a commercial invoice that shows the price.

CIF CONTRACTS IN INTERNATIONAL SALES OF GOODS

If you need to dispute any OCIE listed in your name, first try working with your nearest CIF facility.

Get a receipt for OCIE

I am pleased to be joining such a highly regarded team and look forward to developing new client relationships and contributing to the growth of CIF in the West Midlands.

Experienced Kate joins CIF

While the way CIF works remains unknown, Lipkin's data do show that it will alter chemicals and structures on the surface of incubated cnacer cells.

Body chemical enlisted to fight cancer

The seven CIF countries are Cameroon, Ghana, Madagascar, Mali, Morocco, Niger, and Uganda.

Cote Dlvoire : African nations join front-runners in ratifying Paris Agreement on climate change

As spelled out in Financing Change: the AfDB and CIF for a Climate-Smart Africa, this work is part of the Bank's larger vision to support African nations' efforts to achieve climate-smart growth.