A written certificate used in goods that are shipped under the name of a merchant, shipmaster, or shipowner. It certifies that the property and risk in the goods belong to a person other than the shipper and that the shipper…
Read MoreBill of exchange
An unconditional order in writing, signed by a creditor (drawer) such as a buyer, and addressed to another person (drawee), typically a bank, ordering the drawee to pay a stated sum of money to yet another person (payee), often a…
Read MoreBill 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…
Read MoreBill 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.
Read More