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FrançaisNon-negotiable B/L
A transport document showing that shipment has been made with a designated carrier. For vessel shipments, the consignee field will not contain the word “order”, but will include the name of the party entitle to claim the cargo. Since a non-negotiable B/L is not a bearer instrument of title, the carrier will release the shipped goods to the named party only upon identification, often without insisting upon surrender of the original B/L. Goods shipped against a straight B/L cannot be sold in transit, and only the party named in the consignee field is entitled to receive the shipped goods. Also called straight B/L. See bill of lading.
