Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

English definition of “cost, insurance and freight”

cost, insurance and freight

noun [U]     ( abbreviation CIF)
TRANSPORT, INSURANCE used as an incoterm to mean that the total price of goods sold includes the price of transporting them by ship as well as the price of insurance
(Definition of cost, insurance and freight noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of cost, insurance and freight

More Business English definitions for “cost, insurance and freight”

Word of the Day

familiarity

a good knowledge of something, or the fact that you know it so well

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More