carriage and insurance paid
adjective,adverb
ukus(alsofreight and insurance paid);(abbreviationCIP)COMMERCE,TRANSPORT,INSURANCE
used to show that thecompanyorpersonsendinggoodshaspaidfor them to betransportedandinsured:
carriageandinsurancepaidto Chennai
Thedefectivecomponentsshould bereturnedto thepremisesof thecompany,carriageandinsurancepaid.