CFR in Stock Meaning
The CFR meaning in Stock terms is "Cost and Freight". There are 2 related meanings of the CFR Stock abbreviation.
CFR on Stock Full Forms
- Cost and Freight Only applicable for sea and inland waterway transport. The seller pays for the carriage of the goods up to the named port of destination. Risk transfers to buyer when the goods have been loaded on board the ship in the country of Export. The Shipper is responsible for origin costs including export clearance and freight costs for carriage to named port. The shipper is not responsible for delivery to the final destination from the port (generally the buyer facilities), or for buying insurance. If the buyer does require the seller to obtain insurance, the Incoterm CIF should be considered. CFR should only be used for non containerized seafreight; for all other modes of transport it should be replaced with CPT.
- Compagnie Financiere Richemont
Frequently Asked Questions (FAQ)
What does CFR stand for Stock?
CFR stands for Compagnie Financiere Richemont in Stock terms.
What is the shortened form of Compagnie Financiere Richemont in Stock?
The short form of "Compagnie Financiere Richemont" is CFR for Stock.
Citation
CFR in Stock. Acronym24.com. (2022, March 27). Retrieved May 2, 2024 from https://acronym24.com/cfr-meaning-in-stock/
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