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单词 cif
释义
cif
cif abbreviation for 'cost, insurance, freight', a special type of sale of GOODS. The quoted price includes the cost of the goods, the cost of insurance while the goods are in transit and the cost of the freight to the destination. It clearly eases the buying of goods across national boundaries, especially so where distance is involved. The seller is in the best position to obtain a good price for insurance and freight, so the utility of the standard contract is evident. The seller delivers the goods to the carrier and sends the invoice, insurance policy and BILL OF LADING to the buyer. Its incidents are well known, but any tam- pering with the arrangement can have unfortunate legal conse- quences: see Leigh and Sillivan v. Aliakmon Shipping [1986] AC 785.

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更新时间:2024/10/27 5:27:24