order bill of lading

American  

noun

1. 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

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

From Project Gutenberg

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

From Project Gutenberg

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.

From Project Gutenberg

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.

From Project Gutenberg

The following concise description of an order bill of lading is taken from the "Book of General Instructions to Freight Agents," issued by the Pennsylvania Railroad Company: When freight is consigned to "Order" it is, as a rule, for the purpose of securing the payment at destination of a draft for the value of the property.

From Project Gutenberg