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. Bloomberg Financial Dictionary

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bill of lading bill of lad‧ing [ˌbɪl əv ˈleɪdɪŋ] written abbreviation b/​l abbreviation BOL noun bills of lading PLURALFORM [countable] COMMERCE TRANSPORT
a document that gives information about goods being transported. A bill of lading is also a contract to transport the goods, and shows that the transporter has received the goods:

• If the buyer finds the bill of lading is not in order, he can refuse it.

• With general cargo vessels, hundreds of bills of lading may have to be issued.

ˌclaused bill of ˈlading COMMERCE TRANSPORT
another name for an unclean bill of lading
ˌclean bill of ˈlading COMMERCE TRANSPORT
a bill of lading that shows that the goods and packaging are in good condition:

• Bankers require clean bills of lading.

conˌtainer bill of ˈlading also comˌbined ˌtransport ˌbill of ˈlading COMMERCE TRANSPORT
a bill of lading relating to the transport of goods in container S (= large metal boxes)
ˌdirty bill of ˈlading COMMERCE TRANSPORT
another name for an unclean bill of lading
elecˌtronic bill of ˈlading COMMERCE COMPUTING
a bill of lading held on a computer, not on paper:

• Holders of the electronic bill of lading receive a password to access the carrier's computer network.

ˌfoul bill of ˈlading COMMERCE TRANSPORT
another name for an unclean bill of lading
ˌocean bill of ˈlading COMMERCE TRANSPORT
a bill of lading for the transport of goods by sea
ˌunclean bill of ˈlading COMMERCE TRANSPORT
a bill of lading that shows that goods or packaging are damaged in some way

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bill of lading UK US noun [C] (plural bills of lading) (WRITTEN ABBREVIATION BOL, WRITTEN ABBREVIATION B/L)
COMMERCE, TRANSPORT a document that shows the details of the products that are being transported by a company: »

With the bill of lading, the carrier acknowledges that it has received the goods that are to be transported.

»

The buyer must present the bill of lading in order that the goods can be released.

»

an electronic bill of lading

See also CLAUSED BILL OF LADING(Cf. claused bill of lading), CLEAN BILL OF LADING(Cf. ↑clean bill of lading), COMBINED TRANSPORT BILL OF LADING(Cf. ↑combined transport bill of lading), CONTAINER BILL OF LADING(Cf. ↑container bill of lading), DIRTY BILL OF LADING(Cf. ↑dirty bill of lading), FOUL BILL OF LADING(Cf. ↑foul bill of lading), OCEAN BILL OF LADING(Cf. ↑ocean bill of lading), UNCLEAN BILL OF LADING(Cf. ↑unclean bill of lading)

Financial and business terms. 2012.

Look at other dictionaries:

  • bill of lading — bill of lad·ing / lā diŋ/: a document issued by a carrier that lists goods being shipped and specifies the terms of their transport ◇ A bill of lading serves as a receipt for the goods, a contract for the transport of the goods, and a document of …   Law dictionary

  • Bill of lading — Bill Bill, n. [OE. bill, bille, fr. LL. billa (or OF. bille), for L. bulla anything rounded, LL., seal, stamp, letter, edict, roll; cf. F. bille a ball, prob. fr. Ger.; cf. MHG. bickel, D. bikkel, dice. Cf. {Bull} papal edict, {Billet} a paper.]… …   The Collaborative International Dictionary of English

  • Bill of lading — Lading Lad ing, n. 1. The act of loading. [1913 Webster] 2. That which lades or constitutes a load or cargo; freight; burden; as, the lading of a ship. [1913 Webster] {Bill of lading}. See under {Bill}. [1913 Webster] …   The Collaborative International Dictionary of English

  • bill of lading — plural bills of lading n technical a list of the goods being carried, especially on a ship …   Dictionary of contemporary English

  • bill of lading — (plural ,bills of lading) noun count a list of the goods that are being sent somewhere on a ship …   Usage of the words and phrases in modern English

  • bill of lading — ► bill of lading a detailed list of a ship s cargo given by the master of the ship to the person consigning the goods. Main Entry: ↑bill …   English terms dictionary

  • bill of lading — A document received by a transportation company acknowledging that it has received certain goods and, for the purpose of transportation, serves as title to that property. (Dictionary of Canadian Bankruptcy Terms) United Glossary of Bankruptcy… …   Glossary of Bankruptcy

  • bill of lading — n. a document issued to a shipper by a carrier describing the goods to be shipped, acknowledging their receipt, and stating the terms of the contract for their carriage …   English World dictionary

  • Bill of lading — Admiralty law History …   Wikipedia

  • Bill of lading — A contract between the exporter and a transportation company in which the latter agrees to transport the goods under specified conditions which limit its liability. It is the exporter s receipt for the goods as well as proof that goods have been… …   Financial and business terms

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