Bill of lading

Bill of lading

A document that establishes the terms of a contract between a shipper and a transportation company under which freight is to be moved between specified points for a specified charge. Usually prepared by the shipper on forms issued by the carrier, it serves as a document of title, a contract of carriage, and a receipt for goods. Also see Air waybill, Inland bill of lading, Ocean bill of lading, and Through bill of lading.

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Part of Speech: proper noun
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Industry/Domain: Economy
Category: International trade
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Related terms

bill of lading

Automotive; Automobile

The cost or the paperwork describing the cost of a vehicle's load or freight.

bill of lading

Retail; Supermarkets

A delivery receipt acknowledging that a customer received a product and verified the count.

bill of lading

Banking; Investment banking

A document issued in ocean traffic, the bill of lading confirms that the goods have been received for shipment, the terms under which shipping is to take place and that they are ...

bill of lading

Accounting; Auditing

A document issued by a carrier to a shipper, listing and acknowledging receipt of goods for transport and specifying terms of delivery.

bill of lading

Maritime; Ocean shipping

A document issued by a common carrier to a shipper that serves as:(1) a receipt for the goods delivered to the carrier for shipment. (2) a definition of the contract of carriage ...

bill of lading (B/L)

Transportation; Boats & ships

A document of title to the goods being carried on the ship, which acts as a receipt for the cargo and contains the terms of the contract of carriage.

United Nations Center for International Trade Law (UNCITRAL)

Economy; International trade

An international body that drafts model laws such as the one on government procurement.

Uruguay Round

Economy; International trade

Multilateral trade negotiations launched at Punta del Este, Uruguay in September 1986 and concluded in Geneva in December 1993. Signed by Ministers in Marrakesh, Morocco, in April ...

variable levy

Economy; International trade

Customs duty rate which varies in response to domestic price criterion.

voluntary restraint arrangement (VRA)

Economy; International trade

Bilateral arrangements whereby an exporting country (government or industry) agrees to reduce or restrict exports without the importing country having to make use of quotas, ...

waiver

Economy; International trade

Permission granted by WTO members allowing a WTO member not to comply with normal commitments. Waivers have time limits and extensions have to be justified.

Washington Treaty

Economy; International trade

Treaty for the protection of intellectual property in respect of lay-out designs of integrated circuits.

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