order bill of lading

noun

a bill of lading that is issued to the order of a shipper or consignee for delivery of the goods and that can be transferred by endorsement to third parties.

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Example Sentences

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At the same time the shipper's bank sends a letter to the First National Bank of your city enclosing the order bill of lading with draft drawn on you for collection.

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An order bill of lading is much like a check, in that it can be assigned to another person.

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The consignee then gets possession of the order bill of lading, which entitles him to possession of the goods.

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He writes confirming your order, saying that the car is now in the shipper's hands and that his bank has sent the order bill of lading with draft attached to the First National Bank of your city.