Simple English definitions for legal terms
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Term: CIP
Definition: CIP stands for Continuation-in-Part and Carriage and Insurance Paid To. Continuation-in-Part refers to a type of patent application that adds new information to an existing patent application. Carriage and Insurance Paid To is a shipping term that means the seller is responsible for delivering the goods to a specified destination and paying for the transportation and insurance costs.
CIP
CIP is an abbreviation that can stand for two different things:
The examples illustrate the two different meanings of CIP. In the first example, the company is using CIP to modify an existing patent application. In the second example, the seller is using CIP to indicate that they will cover the shipping and insurance costs for the product being sold.