{"@context":"https://schema.org","@type":"DefinedTerm","name":"Bill of lading","description":"Three functions in a single document make the bill of lading indispensable in ocean freight: it serves as the carrier's receipt for goods taken on board, as evidence of the contract of carriage, and – when issued to order – as a negotiable document of title. The holder of the original is entitled to take delivery at the port of destination, and ownership can change hands mid-voyage simply by endorsing the paper. This negotiability makes the bill of lading the cornerstone of documentary credit tr","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/bill-of-lading-2","inLanguage":"en","dateModified":"2026-06-22T11:34:40.818645","citation":"https://www.iccwbo.org","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/bill-of-lading-2","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"Bill of lading · Three functions in a single document make the bill of lading indispensable in ocean freight: it serves as the carrier's receipt for goods taken on board, as evidence of the contract of carriage, and – when issued to order – as a negotiable document of title. · Quelle: https://www.iccwbo.org"}