straight bill of lading
- A document used in shipping that specifically lists the individual entity that can receive the delivered goods. This document is non-negotiable, meaning it cannot be transferred to another party
- The shipping company issued a straight bill of lading, guaranteeing the goods would only be delivered to the listed recipient.
- The manufacturer relied on a straight bill of lading to ensure that their products reached the correct customer.
- When a transaction requires utmost security and precision, a straight bill of lading can be used to designate the sole recipient of the shipment.