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Glossary > B > "Bill of lading" Definition

Bill of lading

A contract between an exporter and a transportation company in which the latter agrees to transport the goods under specified conditions which limit its liability. It is the exporters receipt for the goods as well as proof that goods have been or will be received.

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Bill of lading - A contract between an exporter and a transportation company in which the latter agrees to transport the goods under specified conditions which limit its liability. It is the exporters receipt for the goods as well as proof that goods have been or will be received.

Bill of lading : a contract between an exporter and a transportation company in which the latter agrees to transport the goods under specified conditions which limit its liability. it is the exporters receipt for the goods as well as proof that goods have been or will be received.