shipped on board bill of lading (B/L)
Definition
B/L which certifies that the specified goods have been received in apparent good order and condition from the named shipper (consignor), and have been taken aboard the named ship (vessel) on the stated date. Banks funding a shipment require this type of B/L and not a received for shipment bill of lading. Also called onboard bill of lading.
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shipped on board bill of lading (B/L) is in the Banking, Commerce & Finance, Customs Documentation & Procedures, International Trade & Relations and Shipping, Transport, & Travel subjects.
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