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)
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Word Origin and History for cif
also c.i.f., abbreviation of cost, insurance, freight, a trade term.
Online Etymology Dictionary, © 2010 Douglas Harper