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cost, insurance, and freight (CIF)

cost, insurance, and freight (CIF) definition - business

cost, insurance, and freight (CIF)

A sale in which the contract price includes the cost of the good, the cost of transportation, and the cost of insurance.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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