Home > Terms > English, UK (UE) > Received for shipment bill of lading

Received for shipment bill of lading

A bill of lading acknowledging the receipt of goods by a carrier for shipment on a specified vessel. This type of bill of lading is not acceptable under a letter of credit unless it is specially authorized. English law does not regard these bills as a valid tender under cif contracts because the cif seller is obligated to ship the goods, and a received for shipment bill of lading is not considered proof of shipment.

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  • Part of Speech: noun
  • Synonym(s):
  • Blossary:
  • Industry/Domain: Maritime
  • Category: Ocean shipping
  • Company:
  • Product:
  • Acronym-Abbreviation:
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