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Investments glossary

Negotiable Bill of Lading


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Quotes of the day:

I\'m in favor of legalizing drugs. According to my values system, if people want to kill themselves, they have every right to do so. Most of the harm that comes from drugs is because they are illegal.

— Milton Friedman

Lading is the process of loading cargo onto a ship or vessel, and a negotiable bill of lading is one kind of bill of lading. The bill of lading is a legal document between the shipper and carrier, detailing the type, quantity, and destination of goods being carried. The negotiable bill of lading is distinguished by the fact that it is a contract of carriage that can be transferred to a third party.

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