OC B/L in Business & Finance Meaning
The OC B/L meaning in Business & Finance terms is "Ocean Bill of Lading". There are 1 related meanings of the OC B/L Business & Finance abbreviation.
OC B/L on Business & Finance Full Forms
- Ocean Bill of Lading A document indicating that the exporter will consign a shipment to an international carrier for transportation to a specified foreign market and indicates the terms of the contract of carriage. The ocean B/L serves as a collection document. If it is a straight B/L, the foreign buyer can obtain the shipment from the carrier by simply showing proof of identity. If it is a negotiable B/L, the buyer must first pay for the goods, post a bond, surrender the original B/L or meet other conditions agreeable to the seller.
Frequently Asked Questions (FAQ)
What does OC B/L stand for Business & Finance?
OC B/L stands for Ocean Bill of Lading in Business & Finance terms.
What is the shortened form of Ocean Bill of Lading in Business & Finance?
The short form of "Ocean Bill of Lading" is OC B/L for Business & Finance.
Citation
OC B/L in Business & Finance. Acronym24.com. (2019, December 24). Retrieved May 17, 2024 from https://acronym24.com/oc-b-l-meaning-in-business-finance/
Last updated