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bill of lading
bill of lading definition - legal
n
A document issued by a
carrier or by a shipperÂ’s agent that identifies the goods received for
shipment, where the goods are to be delivered, and who is entitled to receive
the shipment. Abbreviated B/L.
clean bill
or
clean bill of lading. A bill of lading with no added notations that
change or qualify its terms.
order bill
or
order
bill of lading.
A bill of lading that is negotiable and that states that the goods can
be delivered only when the bill of lading is presented to the carrier. Title to
the bill of lading and to the goods identified in it can be transferred by the
shipper, indorsing and giving up possession of the document to another, who is
then entitled to receive the goods from the carrier.
straight bill
or straight
bill of lading.
A nonnegotiable bill of lading that merely specifies the specific place
and person the carrier is to deliver the goods to.
through bill
or through bill of lading. A bill of lading issued by the first
of multiple connecting carriers who are going to ship the goods. By issuing the
document, the first carrier assumes responsibility for the other carriers for
the shipmentÂ’s eventual arrival and delivery at the designated place and
person.
Webster's New World Law Dictionary Copyright © 2006 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.
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