Definition
Term of sale signifying that the price invoiced or quoted by a seller for a shipment does not include insurance charges, but includes all expenses up to a named port of destination. In comparison, carriage paid to (CPT) terms include all transport charges (but not insurance) up to a named place (usually the buyer's warehouse) of destination. See also cost, insurance, freight (CIF).
Related Articles
- The Importance of Finding a Financial Advisor That You Can Trust *
- Understanding Homeowner's Insurance Policies *
- Tax Implications of Different Types of Investments *
Related Videos
http://www.businessdictionary.com/definition/cost-and-freight-C-F.html
