Bill Of Lading Definition and Legal Meaning
On this page, you'll find the legal definition and meaning of Bill Of Lading, written in plain English, along with examples of how it is used.
What is Bill Of Lading?
(n) Bill of Lading is the official document prepared by the carrier duly accepting the goods for shipment containing information like item, quantity, value, vessel details, date, port, consigner , consignee etc. Bill of lading is a contract to carry the goods to the said destination based on which seller can claim consideration and buyer can take delivery of the goods.