Definition, Meaning & Synonyms

c-and-f

noun

/siː-ænd-ɛf/

Definition

Cost and Freight; a shipping term indicating that the cost of transport and the cost of the goods are included in the price.

Examples

The c-and-f price of the machinery included shipping to the buyer’s location.
In open markets, many suppliers quote prices based on c-and-f to attract buyers.
Understanding c-and-f terms is crucial before finalizing any shipping agreements.

Meaning

A commercial term used in international trade indicating that the seller is responsible for the cost of transport necessary to bring the goods to a specified port of destination, but the risk transfers to the buyer once the goods are on board the ship.