release note |
|
Definition
Formal document issued by a consignee bank (after buyer's acceptance of the associated bill of exchange) enabling the buyer to take delivery of a shipment. It is used in documentary credit arrangements where goods are consigned to a bank as the seller's means of retaining constructive control over a shipment sent against an order.
email to a friend
print this definition
cite this definition
link to this page
release note is in the Banking, Commerce & Finance and International Trade & Relations subjects.
This content can be found on the following page:
http://www.businessdictionary.com/definition/release-note.html







