It's a shipping term: Cost, Insurance and Freight.
A contract that specifies CIF requires the shipper to pay the costs of insurance and freight from the "originating terminal" to its destination. If the goods are moving by ship or train, CIF brings the goods from the factory or warehouse to the ship or the train. If the goods are moving by truck, CIF requires the shipper to pay the trucking company to carry the goods to your destination.
Needless to say, you don't see this very much. You're more likely to see FOB--Free on Board--which requires the purchaser to pay freight from the shipper's loading dock to his loading dock.
FOB and CIF are INCOTERMS or international commercials terms (terms of sale).
CIF stands for cost, insurance, and freight. Under CIF shipping terms, payment for products are paid upon delivery of goods.
The ENCO terms are CIF and FOB
CIF = 352x288 QCIF = 176X220 QVGA = 320x240 VGA = 640x480
CIF
CIF means Cost Insurance and Freight, which means the seller pays to get the load to its destination. The alternate is FOB--Free On Board--which means the buyer pays the freight and insurance.
CIF Common Intermediate Format (352 pixels by 288 lines, 30 fps; 1.22:1) CIF Cost, Insurance & Freight (shipping) CIF Cadet Information File CIF California Interscholastic Federation CIF Caltech Intermediate Form CIF Canadian Institute of Forestry (Institut Forestière du Canada) CIF Candidate Item File CIF Capital Improvement Fee CIF Capital Improvement Fund CIF Cargo, Insurance and Freight CIF Cash In Fist CIF Catalog Interchange Format CIF Cells In Frames CIF Center for Individual Freedom CIF Central Index File CIF Central Intelligence File CIF Central Issue Facility CIF Centre des Impôts Foncier (French land tax) CIF Centro Italiano Femminile (Italian Center for Women) CIF Certified International Financier CIF CINC In-extremist Force CIF CINC Initiative Fund (DoD) CIF Clutter Improvement Factor (radar) CIF Código de Identificación Fiscal CIF Collaboratory Interoperability Framework CIF Common Image Format CIF Common Imagery Interoperable Facility CIF Common Interchange Format CIF Computer Is Frozen CIF Conseil Information Formation CIF Conseil International des Femmes CIF Consolidated Incineration Facility CIF Consolidated Incinerator Facility CIF Consolidated Issue Facility CIF Constraint Induced Fracture CIF Construction Industry Federation (Ireland) CIF Construction Innovation Forum CIF Controller Information File (military air traffic control) CIF Coordinated Instrumentation Facility CIF Core Interface Function (interface between SAP R/3 system and APO) CIF Corporate Information Factory CIF Corps Information Flow CIF Cost plus Incentive Fee (contract) CIF Cost, Insurance & Freight (logistics) CIF Council of International Fellowship CIF Critical Input File CIF Cumulative Incidence Function (reliability) CIF Cumulative Intensity Function CIF Customer Information File CIF Customer Install Feature CIF Caltech Intermediate Format CIF Chapter Information CIF Cost Insurance and Freight CIF Customer Installable Feature CIF Customization Input File
about $20 on a conract
CIF m mean is: the seller pay the Cost, insurance and freight to distance port. CIF means the buyer insures the goods for the maritime phase of the voyage, the shipper/seller will insure the merchandise. In this arrangement, the seller usually chooses the forwarder. "Delivery" as above, is accomplished at the port of destination.
CIF stands for Customer Identification Number.
In shipping, CIF stands for Costs Insurance and Freight. DDP or DDP(U) stands for Delivered Duty Paid and Unpaid. The first refers to arranging the shipment and the other refers to the of cost of transporting the goods.
Yes apparently the actors have singed the conract