A B C D E F G H I J K L M N O P Q R S T U V W Y Z

Bill of Lading B/L

A transport document issued or signed by a carrier evidencing a contract of carriage acknowledging receipt of cargo. This term is normally reserved for carriage by vessel (marine or ocean bill of lading) or multimodal transport. All B/Ls must indicate…

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Bill of parcels

A statement that lists the descriptions and prices of goods in a parcel and that is sent to the buyer with the goods. Also called packing list.

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Bill-to party

In shipping, refers to the party designated on a bill of lading as the one responsible for payment of the freight charges; this can be the shipper,. freight forwarder, consignee, or another person. The bill-to party pays the charges associated…

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Binder

A document certifying temporary insurance coverage. A binder is issued by an insurance company or its agent pending the issuance of an insurance policy.

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