bill of lading
bill of lading
bill of lading
bill′ of lad′ing
n.
| Noun | 1. |  bill of lading - a receipt given by the carrier to the shipper acknowledging receipt of the goods being shipped and specifying the terms of delivery |
| 单词 | bill of lading | |||
| 释义 | bill of ladingbill of ladingbill of ladingbill′ of lad′ingn.
Bill of Ladingbill of ladingBill of Ladinga document containing conditions of a maritime shipping contract. It is used mostly in foreign trade. The bill of lading is issued by the shipper to the sender after the cargo is received for shipping; it serves as a proof of receipt of the cargo and confirms that the contract has been concluded. The bill of lading is a document of title to goods and gives its holder the right to dispose of the cargo. The types of bills of lading include the straight bill of lading, in which a certain consignee is mentioned and the transfer is accomplished by an endorsement or in another manner as established by the rules for the transfer of an active debt; the order bill of lading (issued to the shipper’s or consignee’s order), in which case the transfer is also accomplished by an endorsement; and the bill of lading made out to bearer (if transferred by actual delivery to the new holder of the bill of lading). In the USSR, the procedure for drawing up the bill of lading and its essential elements are established by the Maritime Code of the USSR. Bill of Lading(1) Commodity bill of lading—an original bookkeeping document for the registration of shipping and receiving of valuable commodities. The bill of lading contains the name of the issuing agency; the registry number and date; the names of sender and recipient; quantity, grade, and price information; shipping authorization; and receipt forms specifying the individuals actually responsible for shipping and receiving. (2) Transportation bill of lading—in the USSR, a basic transport document (nakladnaia) that accompanies freight shipped by rail, inland waterway, air, or motor vehicle. The bill of lading is used to register and verify the shipping agreement and is presented by the freight dispatcher to the transporter along with the freight. In accordance with the law, it is drawn up in the name of a specific recipient and is signed by the dispatcher. The bill of lading accompanies the freight throughout transit and is surrendered to the recipient at the destination with the freight. The bill of lading must be submitted with any claim or suit regarding shortage of goods or any spoilage or damage resulting from transport. bill of ladingBill of LadingA document signed by a carrier (a transporter of goods) or the carrier's representative and issued to a consignor (the shipper of goods) that evidences the receipt of goods for shipment to a specified designation and person. Carriers using all modes of transportation issue bills of lading when they undertake the transportation of cargo. A bill of lading is, in addition to a receipt for the delivery of goods, a contract for their carriage and a document of title to them. Its terms describe the freight for identification purposes; state the name of the consignor and the provisions of the contract for shipment; and direct the cargo to be delivered to the order or assigns of a particular person, the consignee, at a designated location. There are two basic types of bills of lading. A straight bill of lading is one in which the goods are consigned to a designated party. An order bill is one in which the goods are consigned to the order of a named party. This distinction is important in determining whether a bill of lading is negotiable (capable of transferring title to the goods covered under it by its delivery or endorsement). If its terms provide that the freight is to be delivered to the bearer (or possessor) of the bill, to the order of a named party, or, as recognized in overseas trade, to a named person or assigns, a bill, as a document of title, is negotiable. In contrast, a straight bill is not negotiable. State laws, which often include provisions from the Uniform Commercial Code, regulate the duties and liabilities imposed by bills of lading covering goods shipped within state boundaries. Federal law, embodied in the Interstate Commerce Act (49 U.S.C. [1976 Ed.] § 1 et seq.) apply to bills of lading covering goods traveling in interstate commerce. Cross-referencesConsignment; Shipping Law. bill of ladingn. a receipt obtained by the shipper of goods from the carrier (trucking company, railroad, ship or air freighter) for shipment to a particular buyer. It is a contract protecting the shipper by guaranteeing payment and satisfies the carrier that the recipient has proof of the right to the goods. The bill of lading is then sent to the buyer by the shipper upon payment for the goods, and is thus proof that the recipient is entitled to the goods when received. Thus, if there is no bill of lading, there is no delivery. bill of ladingan instrument that authenticates the transfer of property in goods sent by carrier - whether ship, overland or by air; in form, it is a receipt given by the captain to the shipper or consignor, undertaking to deliver the goods, on payment of the freight, to some person whose name is stated in it or indorsed on it by the consignor. A bill of lading is used both as a contract for carriage and a document of title. It is not, however, a negotiable instrument, and a bona fide purchaser for value obtains no better title to the consigned goods than that enjoyed by the consignor (though it is possible for him to defeat the right of stoppage of an unpaid seller). Nevertheless, it has similarities to a negotiable instrument in that if it is drawn ‘to the order’ of a person it may be endorsed and transferred by delivery.BILL OF LADING, contracts and commercial law. A memorandum or acknowledgment in writing, signed by the captain or master of a ship or other vessel, that he has received in good order, on board of his ship or vessel, therein named, at the place therein mentioned, certain goods therein specified, which he promises to deliver in like good order, (the dangers of the seas excepted,) at the place therein appointed for the delivery of the same, to the consignee therein named or to his assigns, he or they paying freight for the same. 1 T. R. 745; Bac. Abr. Merchant L Com. Dig. Merchant E 8. b; Abbott on Ship. 216 1 Marsh. on Ins. 407; Code de Com. art. 281. Or it is the written evidence of a contract for the carriage and delivery of goods sent by sea for a certain freight. Per Lord Loughborougb, 1 H. Bl. 359. bill of ladingBill of ladingBill of Ladingbill of ladinga document used to ship internationally traded goods that gives the holder (the consignee) the right to take possession of the goods. The bill of lading gives details of the goods shipped, the identification marks and numbers on crates, etc., the name of the ship, ports of embarkation and destination, rate of freight, etc. Bills of lading are drawn up by shipowners, the original being sent to the consignee with copies being retained by the captain of the ship and the FREIGHT FORWARDER. See EXPORTING.See BOL See BL bill of lading
Synonyms for bill of lading
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