C&F Definition

Bookmark and Share

C&F (COST & FREIGHT) includes all shipping costs but insurance. Generally used in statement of terms, stating cost and freight are paid by the exporter from his warehouse to a port in the importers country. In this case, the buyer is responsible for insurance.

Learn new Accounting Terms

STOCK TURNS is the number of times per year that the stock (raw material, wip & finished goods) is turned over in relation to the sales revenue of a given product. Calculation - Stock turns = Sales turnover of products / Value of raw material, wip & finished goods.

SSA is Social Security Administration, Selective Service Administration or Social Security Act.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.