FOUL BILL OF LADING (B/L)
\fˈa͡ʊl bˈɪl ɒv lˈe͡ɪdɪŋ bˈiː slˈaʃ ˈɛl], \fˈaʊl bˈɪl ɒv lˈeɪdɪŋ bˈiː slˈaʃ ˈɛl], \f_ˈaʊ_l b_ˈɪ_l ɒ_v l_ˈeɪ_d_ɪ_ŋ__ b_ˈiː s_l_ˈa_ʃ ˈɛ_l]\
Definitions of FOUL BILL OF LADING (B/L)
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B/L documenting carrier issues with the goods to be shipped. These adverse remarks or notations are known as 'clauses'. Issues with the goods or its packaging are varied. Examples: look wet, damaged, or in dubious condition, or incorrect quantity. Deemed unacceptable for payment under a letter of credit. Importers and their banks typically will not handled or pay for such goods. Known also as claused bill of lading, dirty bill of lading, or unclean bill of lading.
By Henry Campbell Black
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- Legal, moral and ethical responsibility a professional to serve needs of the client (s) being served, without infringing any harm upon both parties.