c.i.f.c.i.

c.i.f.c.i.
Abbreviation for cost, insurance, and freight plus commission and interest. A price quoted c. i. f. c. i. is a c.i.f. price, which also includes an agreed commission payable by the seller to the buyer and the interest charged by the seller's bank for negotiating the documents.

Big dictionary of business and management. 2014.

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