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

Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved.


‘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.
Collins Dictionary of Law © W.J. Stewart, 2006
References in periodicals archive ?
PIMCO Corporate Income Fund (NYSE:PCN) declared a dividend of USD0.49 per share, PIMCO Corporate Opportunity Fund (NYSE:PTY) a dividend of USD0.69 per share, PIMCO Income Strategy Fund (NYSE:PFL) a dividend of USD0.16 per share, PIMCO Income Opportunity Fund (NYSE:PKO) a dividend of USD0.78 per share, PIMCO Strategic Global Government Fund Inc (NYSE:RCS) a dividend of USD0.44 per share and PCM Fund Inc (NYSE:PCM) announced a dividend of USD0.10 per share.
M2 EQUITYBITES-September 22, 2011-PIMCO Corporate Income Fund and PIMCO Corporate Opportunity Fund change names and investment policies(C)2011 M2 COMMUNICATIONS
The boards of trustees of closed-end management investment companies PIMCO Corporate Income Fund (NYSE:PCN), PIMCO Corporate Opportunity Fund (NYSE:PTY), PIMCO Income Strategy Fund (NYSE:PFL), PIMCO Income Strategy Fund II (NYSE:PFN), PIMCO Income Opportunity Fund (NYSE:PKO), PIMCO Strategic Global Government Fund Inc (NYSE:RCS) and PCM Fund Inc (NYSE:PCM) on Tuesday approved special year-end common income dividends.

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