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Bill of Lading
A document issued by a common carrier to a shipper that serves as: 1. A receipt for the goods delivered to the carrier for shipment. 2. A definition of the contract of carriage of the goods from the port of shipment to the
Port of destination listed in the bill of lading. 3. Evidence of title to the relative goods. When in order form, a bill of lading is negotiable.
Bill of Lading, Claused
A bill of lading, which has exemptions to the receipt of merchandise in "apparent good order" noted.

Bill of Lading, Clean

1. A bill of lading which bears no superimposed clause or notation which expressly
declares a defective condition of the goods and/or the packaging (Article 18, Uniform
Customs and Practice for Documentary Credits).

A bill of lading that contains a clause
declaring defective goods is called a Foul Bill of Lading.

2. A bill of lading that is silent as to the place of storage, indicating that the goods have
been stowed under deck. (See Bill of Lading, Unclean)

Bill of Lading, Forwarder's

A bill of lading issued by a forwarder to a shipper as a receipt for merchandise that the forwarder will consolidate with cargo obtained from other exporters and ship to his agent at the port of destination. In most cases, the Forwarder's Bill of Lading has legal standing for banking purposes. Also called House Bill of Lading.