cost, insurance and freight phrase (abbr CIF)

(Trade )

a term meaning that the seller pays for the goods to be transported by ship to the port mentioned, and pays for basic insurance of the goods while they are on the ship:

CIF Singapore

⇨ INCOTERM

• open position
• open shop
• open-source
• open standard
• operate
• operating assets
• operating cost
• operating expenditure
• asset-stripping
• assets under management
• asset turnover
• asset value
• asset value per share
• assign
• assignment
• assignment clause
• assignment work
• assist
• assistant
• assisted area
• assistive
• assn.
• Assoc.
• associate
• associate company