Version: 1.6.1.43 (2021-05-06 14:34)
Glossary term:

Cost and freight

In a contract specifying that a sale is CFR, the seller pays for the carriage of goods by sea to the port of destination and provides the buyer with the documents necessary to obtain the goods from the carrier. Costs for loading onto the ships, export formalities and marine insurance are also borne by the seller.

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