The financial definition for On Board Ocean Bill of Lading:
An ocean bill of lading bearing an on board notation, or words indicating that the merchandise is located aboard the vessel for transportation. These notations must be initialed or signed by an authorized employee or agent of the ship line.
Similar Matches
Claused Bill of Lading
Claused Bill of Lading A bill of lading whit a notation that indicates damage or shortage. Also called foul bill of lading and are the opposite of clean bills of lading.
Clean Bill of Lading
Clean Bill of Lading A bill of lading bearing no findings of damage or shortage.
Foul Bill of Lading
Foul Bill of Lading A bill of lading that contains a notation indicating damage or shortage. Also called claused and are the opposite of clean bills of lading.