c.i.f.


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c.i.f.

abbrev. for cost-insurance-freight, i.e. charges that are incurred in transporting imports and exports of goods from one country to another. In BALANCE-OF-PAYMENTS terms, ci.f. charges are added to the basic prices of imports and exports of goods in order to compute the total foreign currency flows involved. See F.O.B.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005