Concept information
Preferred term
cost, insurance, and freight
Definition
- Cost, insurance, and freight, or CIF, is one of the most frequently used terms in international business. It is a basis on which the exporter or seller quotes the price to the buyer or importer. [Source: Encyclopedia of Business in Today's World; Cost, Insurance, and Freight]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/cost,_insurance,_and_freight
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