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In shipping terms, "CIF" stands for "Cost, Insurance, and Freight." It refers to a pricing structure where the seller is responsible for the costs of transporting goods to the buyer's destination, including insurance and freight charges. The seller must pay for the shipping and insurance until the goods reach the specified port of destination, after which the responsibility transfers to the buyer. This term is commonly used in international trade contracts.
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The sum of of terms divided by the number of terms?
The mean, or the average.
The sum of terms dividedby the number of terms?
That's the definition of the "mean" or "average" of that group of terms.
Whats sum of terms divided by the number of terms?
The arithmetic mean.
What does factor the sum of terms mean?
.
What does principal mean in math terms?
principal(in terms of math)- the amount you borrow or deposit
What is the meaning of CIFFO?
CIFFO - stands for Cost Insurance and Freight Free Out. Originates from the Inco-Terms CIF but here the unloading costs at destination are paid by the buyer.
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 DAT in shipping terms mean?
Delivered at terminal
What does Terminal SEC mean in shipping terms?
SEC
What does COB mean in shipping terms?
Cargo OnBoard
What does NOR mean in shipping terms?
Notice of readiness
