Bill Of Lading

Business, Legal & Accounting Glossary

Definition: Bill Of Lading



What is the dictionary definition of Bill Of Lading?

Dictionary Definition


n. 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.


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Bill Of Lading. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. December 04, 2020 https://payrollheaven.com/define/bill-of-lading/.
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Bill Of Lading. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/bill-of-lading/ (accessed: December 04, 2020).
American Psychological Association (APA):
Bill Of Lading. PayrollHeaven.com. Retrieved December 04, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/bill-of-lading/

Definition Sources


Definitions for Bill Of Lading are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th April, 2020 | 1 Views.