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FrançaisA bill of exchange having no other documents, such as bill of lading affixed to it.
Read MoreClean bill of lading
A bill of lading indicating that goods were received in apparent good order and condition. A clean bill is one in which contains no notations of defect, damage or loss. and is signed by the carrier or its authorized representative….
Read MoreClean collection
A letter of instructions to a presenting bank accompanied by a draft and often invoices, but not accompanied by any document restricting possession or ownership of the relevant goods. This is the opposite ofo documentary collection. A letter of instructions…
Read MoreClean draft
A draft to which no documentation has been attached.
Read MoreClean float
A system in which exchange rates are determined by market forces rather than by government intervention or restrictions. See also dirty float; floating exchange rate.
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