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Bill of lading

Document used in foreign trade, which acknowledges that a company has received goods for transportation.

Definition from Nolo’s Plain-English Law Dictionary

A document of title for goods being shipped that demonstrates the holder has a right to transport the goods. It also acts as a receipt to the shipper of goods from the carrier (trucking company, railroad, ship, or air freighter) as well as a contract providing the terms of transport.

Definition provided by Nolo’s Plain-English Law Dictionary.

August 19, 2010, 5:11 pm