bill of lading

bill of lading definition - business

bill of lading

A written receipt provided by a carrier to a shipper of goods. The document acknowledges receipt of the goods described along with the provisions of transport. A bill of lading noting a deficiency, such as damaged merchandise, is described as claused. A bill of lading without a deficiency is clean. See also order bill of lading, straight bill of lading.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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