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CIF

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.

cif

see COST, INSURANCE AND FREIGHT.
References in periodicals archive ?
3 MtCO2e per year by 2030; has an IP under the CIF SREP program with projects to be developed in solar and geothermal energy; CIF-related sectors under its NDC include energy and infrastructure.
Section 408(b)(8) of ERISA provides a statutory exemption from the prohibited transaction rules so that a plan may purchase a CIF interest from the bank that maintains the CIF, provided that the bank receives no more than reasonable compensation and the transaction is expressly permitted by the plan or by an independent plan fiduciary with authority to manage and control plan assets.
In addition, any investment adviser to the CIF, along with the bank trustee, would be viewed as a fiduciary for ERISA purposes and would be responsible for prudently investing the CIF's assets.
Alfresco will provide a technology preview of the Alfresco system with CIFS support at the end of June.
Visuality Systems CIFS NQ Client/Server connectivity solution along with the VxWorks embedded real-time operating system continue to lead the market when solving network file sharing requirements for embedded projects.
CIFS NQ has been used by VxWorks customers since 2001, and certified by Wind River's partner program on VxWorks 5.
com, the web site dedicated to embedded file sharing solutions based on the CIFS Client/Server (also known as SMB) and NetBIOS network standard.
The plugfest is a unique opportunity to bring various CIFS client and server implementations together in a confidential, collaborative development and test environment.
For more information or to register for the CIFS 2003 Conference and Plugfest, please visit www.
The plugfest is an opportunity to bring various CIFS client and server implementations into a confidential, secure development and test environment to identify and correct implementation issues," said Jim Norton, Chairman of the SNIA's NAS CIFS Technical Work Group.
The conference program includes tutorials, presentations, and engineering roundtable discussions in which CIFS developers will be able to share their technical experiences and expertise with attendees.