order bill of lading

order bill of lading definition - business

order bill of lading

A negotiable bill of lading made to the order of the shipper, who can legally sell it to anyone. An order bill of lading allows the shipper to collect for the shipment before it reaches its destination. Also called negotiable 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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