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Simple English definitions for legal terms

negotiable bill of lading

Read a random definition: general principle of law

A quick definition of negotiable bill of lading:

A negotiable bill of lading is a document that shows that goods have been received by a carrier or shipper's agent for transportation. It is like a receipt and a contract for shipping all in one. A negotiable bill of lading can be traded or sold to someone else, like money. There are different types of bills of lading, like a clean bill of lading that has no problems with the goods, or an unclean bill of lading that shows there were issues with the goods during shipment.

A more thorough explanation:

A negotiable bill of lading is a document that acknowledges the receipt of goods by a carrier or shipper's agent and the contract for the transportation of those goods. It is a document of title, which means that it can be bought, sold, or traded like money.

For example, if a company wants to buy goods from another company, they can use a negotiable bill of lading to pay for the goods. The buyer can give the seller the bill of lading, and the seller can use it to get paid by the carrier when the goods are delivered.

Another example is when a bank provides financing to a company that needs to ship goods. The bank can use the negotiable bill of lading as collateral for the loan. If the company defaults on the loan, the bank can take possession of the bill of lading and use it to recover their money.

In summary, a negotiable bill of lading is a document that represents ownership of goods being shipped and can be used as a form of payment or collateral.

negotiable | negotiable certificate of deposit

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TGM
18:39
@texaslawhopefully: alas, haven’t even gotten an interview (applied around thanksgiving)
18:39
Yeah I would delay as long as you have plausible deniability
TGM
18:40
I actually do have a transcript issue that registrar needs to resolve, should I say that
TGM
18:41
(Course marked as Incomplete that’s supposed to be removed)
TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
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true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
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windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
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