Don't worry if, during your first transaction, the term "Bill of Lading" looks foreign to you. We'll clarify the characteristics of this renowned document. The Bill of Lading (or B/L) is one of the key commercial documents used for transactions requiring transportation by land, air, or rail. A carrier will give a shipper a bill of lading to affirm that the goods have been received in good order and are prepared for shipping. These things will then be delivered to the recipient by the carrier. The Bill of Lading ultimately acts as a transportation agreement (usually for maritime transit) between the shipper, recipient, and carrier. This article will serve as an introduction to the document, enabling you to understand its purpose and how to approach it successfully.