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CIF

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Definitions Edit

CIF is an acronym that may mean:

  • Cargo, Insurance and Freight: CIF refers to cargos for which the seller of the product pays for the transportation and insurance up to the port of destination.
  • Common Industry Format
  • Cost, Insurance, Freight: CIF refers to a type of sale in which the buyer of the product agrees to pay a unit price that includes the F.O.B. value of the product at the point of origin plus all costs of insurance and transportation.

Organization Edit

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