freight-in. The shipping cost to be paid by the buyer of merchandise purchased
when the terms are FOB shipping point. Freight-in is considered to be part of the
Definition of freight-in: Cost paid for the transportation of goods when received
from the supplier. This cost is considered part of the goods cost and should be ...
Definition of freight: A charge paid for carriage or transportation of goods by air,
land, or sea.
(Accounting: Commerce) Freight-in is the cost of having goods or materials
delivered to a business for manufacture or resale. ⇒ When the buyer pays for the
Definition: Cost refers to the cost of goods and freight refers to all other costs
relating to all the means of transportation of the goods. It means that the seller
Goods carried by a vessel or vehicle, especially by a commercial carrier; cargo. 2
. A burden; a load. 3. a. Commercial transportation of goods. b. The charge for ...
freight definition, meaning, what is freight: goods, but not passengers, that are
carried from one place to another, by ship, aircraft…. Learn more.
freight collect definition, meaning, what is freight collect: used to state that the
person or company that receives goods will pay the cost of…. Learn more.
Cost and freight (CFR) is a legal term used in international trade. ... According to
the ICC, the official definition of CIF stipulates that, "The seller delivers the ...
a bill rendered by a carrier to a consignee of freight and containing an identifying
description of the freight, the name of the shipper, the point of origin of the ...