clean bill of lading (B/L) definition

clean bill of lading (B/L)

B/L that is free from any adverse remarks or notations (called 'clauses'), made by the shipping company about the condition, packaging, or quantity of the goods being shipped. Importers and their banks usually insist on a clean B/L for payment under a letter of credit. See also foul bill of lading.

clean bill of lading (B/L) appears in the definitions of the following terms: documentary credit, letter of credit (L/C), clean and documentary draft

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