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Cost, Insurance and Freight

A CPT involving ocean freight. In a CIF, the seller is responsible for paying for shipping and providing a minimum amount of insurance coverage up to the named port of destination, while the buyer is responsible for the transportation risk beyond the minimum coverage as soon as the good or product is loaded onto the ship. Legally, risk transfers when the good or product crosses the outer rail of the ship. A CIF is similar to a CFR, but also requires the seller to provide minimal insurance. See also: Incoterm.

Customer Information File

A file a bank keeps on each of its account holders and other clients. It contains information on account balances, outstanding loans, assets and so forth. It is updated frequently to ensure correct information.


References in periodicals archive ?
The Mitsui Digital Audio CD-R is compatible with recorders that utilize the Serial Copy Management System (SCMS).
Designed to be powerful enough for demanding professional use, yet as easy to install and use as a traditional Creative Labs multimedia upgrade kit, Blaster CD-R 4210 includes an internal, 2x write / 4x read CD-R drive with a caddyless front-loading design, a Plug and Play SCSI-2 interface card, and Adaptec's Easy-CD Pro software.
MAM has been in the CD-R and DVD-R manufacturing business since 1996, serving a worldwide network of corporations, end-users, resellers and OEM partners with only the highest quality recordable media products and services available.
Mac's enjoy special importance in the CD-R market because of CD-R's wide acceptance in graphics houses and the pre-press industry, traditional strongholds of that platform.
14, 1995--Elektroson is now shipping its new 32-bit CD-R software, GEAR 3.
The CD-R performs all the functions of existing CD-ROMs as well as recording huge amounts of data for backup, data interchange, and personal CD mastering.