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What Is C.i.f? |
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Answer» C.I.F stands for COST FREIGHT and Insurance. A pricing TERM under which the seller pays all operating cost involved in the placing of products on BOARD and in addition prepays the freight and insures the goods to an agreed destination. C.I.F stands for Cost Freight and Insurance. A pricing term under which the seller pays all operating cost involved in the placing of products on board and in addition prepays the freight and insures the goods to an agreed destination. |
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