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If you buy or sell overseas, you'll likely need an in-depth understanding of international trade terms. Find common trade terms alphabetically, or use the Search function below.
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F G H I
J K L
M N O P
Q R S T
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CIP
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Carriage and Insurance Paid To (...named place of destination) means that the seller pays the insurance, and freight for the carriage of goods to the named destination. SEE Incoterms for a list of the thirteen Incoterms.
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