n i117790 a bill of lading that may be traded in much the same way as the cargo, and even borrowed against if desired, which allows banks to use it as collateral.
Senses

English: negotiable bill of lading

Definitions

English: a bill of lading that may be traded in much the same way as the cargo, and even borrowed against if desired, which allows banks to use it as collateral.

Synset Relations

hypernym:

Synset Sources
enWordnet (3.0) with confidence 1