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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 ?
CIF Assets acquires on a bi-annual basis new residential mortgage loans by issuing new fungible units with those already issued.
CIF Assets' total portfolio is currently approximately EUR5.
Reports on the issuer (titled CIF Euromortgage) and on Fitch's approach for rating Obligations Foncieres as well as the reports titled 'French Residential Mortgage Default Model' and 'A guide to cash flow analysis for RMBS in Europe' are available on the Fitch Ratings web site at 'www.
That would mean over half of CIF money used would have been put towards the council's own projects.
If you need to dispute any OCIE listed in your name, first try working with your nearest CIF facility.
I am pleased to be joining such a highly regarded team and look forward to developing new client relationships and contributing to the growth of CIF in the West Midlands.
Merrill didn't earn a bye as a CIF champion, but will wrestle a lower seed in the first round of the 112-pound bracket, which will also feature Royal's Sam Mestaz.
While the way CIF works remains unknown, Lipkin's data do show that it will alter chemicals and structures on the surface of incubated cnacer cells.
Sports Authority, the nation's premier full-line sporting goods retailer, today announced its official partnership with California Interscholastic Federation (CIF) and the availability of Batted Ball Coefficient of Restitution (BBCOR) baseball bats at all 69 California Sports Authority locations to accommodate a new rule change by the CIF.
Media Engagement Training: This will be customized training for CIF senior staff primarily the Program Manager, Deputy Program Manager.
Complaints that Crespi of Encino coach and Mission League administrator Mike Odman broke regulations at last weekend's CIF qualifying meet might not make it to the Southern Section's office.
The initial funding of the loan was approximately $293 million which was used to repay the existing loan, return 100% of the partners invested capital and provide for a return on capital that exceeded the performance thresholds established with CIF.