cfr
CFR.abbr. 1. CODE OF FEDERAL REGULATIONS. 2. COST AND FREIGHT.
Search Results for: COST AND FREIGHT
free on board
free on board. A mercantile-contract term allocating the rights and duties of the buyer and the seller of goods with respect to delivery, payment, and risk of loss, whereby the seller must clear the goods for export, and the buyer must arrange for transportation. • The seller’s delivery is complete (and the risk of loss
cif place of destination
CIF place of destination. See CIF destination under COST, INSURANCE, AND FREIGHT.
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CIF destination
A contractual term denoting that the price includes in a lump sum the cost of the goods and the insurance and freight to the named destination. — Also termed C.I.F. place of destination. [Cases: Sales 77(2). C.J.S. Sales §§ 96–98.]
hypothec
hypothec (hI-poth-ek or hi-).Civil law. A mortgage given to a creditor on property to secure a debt; HYPOTHECA. landlord’s hypothec. Scots law. The lessor’s right of security for rent in articles, furniture, and equipment (other than tools of the tenant’s trade) that the tenant brought onto the leased premises. • Unlike the English remedy of