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CNF means the seller pays for all freight charges to destination port; after that the buyer pays all costs for clearance, customs, duties, and transport.

It also means conjunctive normal form in Boolean logic.

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What is CNF rate?

CNF, or Cost and Freight, rate refers to the total cost charged by a seller to cover the expenses of transporting goods to a designated port, including shipping and freight charges, but excluding insurance. This term is commonly used in international trade to specify that the seller is responsible for the costs of freight until the goods reach the destination port. However, once the goods arrive, the buyer assumes responsibility for insurance and any additional costs incurred. Understanding CNF is crucial for parties involved in import/export transactions to clarify their financial responsibilities.


What does bdu mean in shipping terms?

In shipping terms, "BDU" stands for "Billed Delivery Unit." It refers to the unit of measurement used for billing purposes, typically indicating how cargo or freight is quantified for shipping costs. The BDU can help logistics companies determine rates based on volume or weight, ensuring accurate pricing for transportation services.


What is the difference between CIF and CNF?

CNF is when the seller pays for all freight charges to destination port, after that the buy pays all costs for clearance customs duties and transportCIF is when the seller pays for all freight charges to the destination port, after that the buy pays all costs for clearance customs duties and transport, but it contain compulsory sea insurance.


What does OCF mean in shipping terms?

In shipping terms, OCF stands for "Operational Cash Flow." It refers to the cash generated from a company's regular business operations, which is crucial for maintaining day-to-day activities, including shipping logistics. OCF is an important metric for assessing the financial health of a shipping company, as it indicates the ability to cover operational expenses and invest in growth without relying on external financing.


What are real life examples of a piecewise function?

Real-life examples of piecewise functions include tax brackets, where income tax rates change at different income levels, resulting in different tax rates applied to different portions of income. Another example is a utility billing system, where the cost of electricity varies based on usage tiers, charging different rates for different ranges of consumption. Additionally, shipping costs often depend on weight ranges, with different flat rates applied to specific weight categories.