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In shipping terms, the acronym CIP stands for "carriage and insurance paid to". This means the seller pays the carrier (such as FedEx) the shipping rate to get the product to the buyer. The seller also pays the insurance premium that covers damages to or loss of the shipment.
What else can I help you with?
In shipping Terms what is a CPA?
CPA in shipping means Charter Party Agreement
Full form of CIP?
Customer Inspection Point or Canada Immigration Policy
How do you record a Construction in Process liability?
How do a liability of a CIP get recorded? Please Journalize.
What does debit mean in accounting terms?
take away from
What does appreciation mean in accounting terms?
Great value.
What does terms of PAD mean in shipping?
I am looking what does mean PAD in Shipping freight terms
What does add mean in shipping terms?
it means to take care of the shipping and respect the terms
What does CIS mean in shipping terms?
CIS: Chinese International Shipping
What does cnf mean in shipping terms?
cnf
What does CRF mean in shipping terms?
CIF
What does PM4 mean in shipping terms?
pm4
What does tt mean in shipping terms?
Telegraphic Transfer.
What does COB mean in shipping terms?
Cargo OnBoard
What does NOR mean in shipping terms?
Notice of readiness
What does Terminal SEC mean in shipping terms?
SEC
What does DAT in shipping terms mean?
Delivered at terminal
What does it mean by C and F in shipping terms?
C is for cost (value before shipping) and F is for freight/shipping.
