- C.I.F.
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C.I.F. abbrcost, insurance, and freight
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
- C.I.F.
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abbrv.Cost, insurance, and freight. Also called C.F.I.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
- c.i.f.
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abbreviation for '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. Its incidents are well known, but any tampering with the arrangement can have unfortunate legal consequences: see Leigh and Sillivan v . Aliakmon Shipping [1986] AC 785.
Collins dictionary of law. W. J. Stewart. 2001.
- C.I.F.
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abbr. Cost, insurance, and freight. Phrase used in an offer or a contract for the sale of goods indicating that the quoted price includes the combined cost of the goods, insurance, and the freight to a named destination.See also C&F.
Webster's New World Law Dictionary. Susan Ellis Wild. 2000.
- C.I.F.
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Cost, insurance, and freight
Short Dictionary of (mostly American) Legal Terms and Abbreviations.
- C.I.F.
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n.the total of cost, insurance and freight charges to be paid on goods purchased and shipped.
Law dictionary. EdwART. 2013.
