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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 ?
During processing of a FLIPL, once the equipment in question has been identified and given a document property number by the CIF PBO, the identified equipment will be removed from the Soldier's clothing record (DA Form 3645).
I have been working on CIFS support for the last seven years and have had many prominent content management vendors as customers of JLan," said Spencer.
Because Wind River is a strategic partner for Visuality Systems, CIFS NQ will be one of the first partner products available on VxWorks 6.
The plugfest is a unique opportunity to bring various CIFS client and server implementations together in a confidential, collaborative development and test environment.
The increase in network attached storage (NAS) deployments, which commonly use the CIFS protocol, has helped push the issue of interoperability to the forefront of the IT community.
The CIFS protocol creates a more dynamic and efficient working environment for our customers while reducing their integration and maintenance costs.
Nasdaq:NTAP), the leading provider of network-attached data access and content delivery solutions, is co-sponsoring and presenting a keynote address and technical session at the CIFS Plug Fest conference, taking place August 20-21, 2001.