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| Definition | : | Liner In Free Out |
| Category | : | Transport & Travel » Water Transport |
| Country/ Region |
: | Worldwide
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| Popularity | : |
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Liner In Free Out (LIFO) means that the cost of loading the vessel at the port loading are included (Liner In) and the cost of unloading the vessel at the port of destination are not included (Free Out). In other words, that the liner is responsible for the loading (In) costs at the Port of Load and the consignee is responsible for the discharging (Out) costs at the Port of Discharge
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Last In, First Out
General Computing
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The full form of LIFO is Liner In Free Out