bill of lading

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Bill of lading

A contract between an exporter and a transportation company in which the latter agrees to transport the goods under specified conditions that limit its liability. It is the exporter's receipt for the goods as well as proof that goods have been or will be received.

Bill of Lading

A document in which a seller agrees to use a certain transportation to ship a good to a certain location. The bill of lading details the type, quality, and quantity of the good. It also serves as the receipt upon arrival at the destination.

bill of lading

a document used to ship internationally traded goods that gives the holder (the consignee) the right to take possession of the goods. The bill of lading gives details of the goods shipped, the identification marks and numbers on crates, etc., the name of the ship, ports of embarkation and destination, rate of freight, etc. Bills of lading are drawn up by shipowners, the original being sent to the consignee with copies being retained by the captain of the ship and the FREIGHT FORWARDER. See EXPORTING.
References in periodicals archive ?
On the occasion, IIUI Incharge P and PR Nasir Farid said the department was working closely with Bil Arabia to initiate its digital media plans and getting positive results.
BIL intends to maintain its moderate risk appetite, mitigating the geographical concentration of its lending.
Therefore, Legend Holdings' acquisition of BIL is a miniature of China-EU co-op.
The SACP also incorporates some limitations such as the small size of Dexia BIL's banking market, its higher-risk securities portfolio, and confidence risks related to its offshore private banking.
Kindwalls Bil, headquartered in Stockholm, Sweden, is Sweden's largest Ford, Subaru, KIA and Mitsubishi dealer and operates three "car department stores" and five service centres.
The two married in 1948 and moved to Bil Keane's home town of Philadelphia.
The long-running battle to take control of the group, which has hotels across the Midlands, has seen BIL take a 46 per cent stake in recent weeks.
computer and related devices companies $43 bil $47 bil
It has been confirmed that Brierley Investment Ltd (BIL) and Singapore Airlines are involved in negotiations regarding the sale of a stake in Air New Zealand Ltd by BIL.
Where the Cuts Will Be House Plan Current Agriculture $13.9 bil. $14 bil.
- UP/DN DN 0.24 0.00 - - Yield(PC) 2.336 2.394 - - Volume (Bil. yen) 1.3 71.0 - - Total: 72.3 Open Interest (Bil.