Bill of Lading

A document signed by the master of a ship in acknowledgment of goods laden in his vessel. In this document he binds himself to deliver the articles in good condition to the persons named in the bill, certain exceptions being duly provided for. These bills are generally in triplicate- one for the sender, one for the receiver, and one for the master of the vessel.

Source: Dictionary of Phrase and Fable, E. Cobham Brewer, 1894
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

More on Bill of Lading from Fact Monster:

  • securities - securities securities, in finance, instruments giving to their legal holders rights to money or ...
  • collateral - collateral collateral , something of value given or pledged as security for payment of a loan. ...
  • commercial paper - commercial paper commercial paper, type of short-term negotiable instrument, usually an unsecured ...

Related Content