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TeachMeFinance.com - explain CIF (cargo, insurance and freight) CIF (cargo, insurance and freight) The term 'CIF (cargo, insurance and freight)' as it applies to the area of energy can be defined as ' CIF refers to cargos for which the seller pays for the transportation and insurance up to the port of destination'. Previous 5 Terms: chymiferous CI cibarious cibophobia ciconine Next 5 Terms: CIF (cost, insurance, freight) CIG CIN Cinder cone Cinders About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.