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.]
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.]