Bill of Lading
/ˈbɪl əv ˈleɪdɪŋ/
Definitions
- (n.) A document issued by a carrier to acknowledge receipt of cargo for shipment, evidencing the contract of carriage and title to the goods.
The shipper presented the bill of lading to claim the goods upon arrival.
Forms
- bills of lading
Related terms
Commentary
A bill of lading serves as a receipt, contract, and document of title, often negotiable; careful drafting is essential to clarify the carrier's and shipper's rights and obligations.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.