or CIF, c.i.f.
- cost, insurance, and freight: used by a seller to indicate that the price quoted includes the cost of the merchandise, packing, and freight to a specified destination plus insurance charges.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
- cost, insurance, and freight (included in the price quoted)
Word Origin and History for cif
also c.i.f., abbreviation of cost, insurance, freight, a trade term.
Online Etymology Dictionary, © 2010 Douglas Harper