Cost, Insurance and Freight (CIF)

Knowledge Center

• About
• Home
• Dictionary
• Encyclopedia
• Question?
• Views

• Register
• Log in
• Help

• Change & Organization
• Communication & Skills
• Decision-making & Valuation
• Ethics & Responsibility
• Finance & Investing
• HRM
• Knowledge & Intangibles
• Leadership
• Marketing
• Program & Project
• Strategy
• Supply Chain & Quality

Description of Cost, Insurance and Freight (CIF). Explanation.

Definition Cost, Insurance and Freight (CIF). Description.

Cost, Insurance and Freight (CIF) is an international sales term used in the transportation industry, especially ocean transport. When a price is quoted CIF, it means that the selling price includes the cost of the goods, the freight or transport costs and also the cost of marine insurance.

The seller's responsibility for the goods ends when the goods have been delivered to the marine carrier or have been delivered on board the shipping vessel, depending upon the terms of the contract.

Note that because this is a legal term, its exact definition is much more complicated and can differ by country.

Cost, Insurance and Freight (CIF) Forum   Question on the Use of CIF Hello, I have shipped some goods CIF, they were lo...           Cost, Insurance and Freight (CIF) Synonyms? What other common names are being used for Cost, I...         Start a new topic

Cost, Insurance and Freight (CIF) Special Interest Group Special Interest Group

Best Practices - Cost, Insurance and Freight (CIF) Premium

Expert Tips - Cost, Insurance and Freight (CIF) Premium

Resources - Cost, Insurance and Freight (CIF) Premium   News about Cost, Insurance And Freight (cif)         Videos about Cost, Insurance And Freight (cif)         Presentations about Cost, Insurance And Freight (cif)         Books about Cost, Insurance And Freight (cif)         More about Cost, Insurance And Freight (cif)

Compare with: Free on Board

Return to Management Hub: Finance & Investing  |  Supply Chain & Quality

More on Management  |  Return to Management Dictionary  | 

This ends our Cost Insurance and Freight (CIF) summary and forum.