A more thorough explanation:

Definition: B/L is an abbreviation for Bill of Lading. A Bill of Lading is a legal document that serves as proof of shipment and receipt of goods. It is issued by a carrier or its agent and includes details such as the type, quantity, and destination of the goods being transported.

Example: When a company ships a container of goods from China to the United States, the carrier will issue a Bill of Lading to the company. The Bill of Lading will include information such as the name of the shipper and consignee, the description of the goods, the number of packages, and the date of shipment.

Explanation: The example illustrates how a Bill of Lading is used in international trade to document the shipment of goods. The Bill of Lading serves as proof that the goods have been received by the carrier and are in transit to their destination. It also provides important information about the goods being shipped, which is necessary for customs clearance and other regulatory purposes.