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clean bill of lading (B/L)
Definition
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
.
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Nearby Terms
Clayton Act
Clayton Antitrust Act
Clayton's case
clean
clean balance sheet
clean bill of health
clean bill of lading (B/L)
clean collection
clean draft
clean float
clean fuel
clean hands doctrine
clean letter of credit (L/C)
Popular 'Banking, Commerce, Credit, & Finance' Terms
immediate family
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letter of credit (L/C)
private limited company
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Related Terms
documentary draft
documentary credit
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