Copyright © 2004-2008 The Professor Network. Some Rights Reserved. Designated trademarks and brands are the property of their respective owners. By accessing this site or its contents you agree to the below terms.
An international trade term according to which the exporter quotes a price that includes the costs of the goods being sold, transportation costs, and freight insurance. The C.I.F. prices therefore refer to a certain delivery point, which in most cases is a customs port of entry in the importer's country.
Also See: f.o.b. (free on board)
Have a Say about 'C.I.F. (Cost, Insurance, and Freight)'?