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Steamship guarantee

From Conservapedia - Reading time: 1 min

An indemnity issued to the carrier by a bank; protects the carrier against any possible losses or damages arising from release of the merchandise to the receiving party. This instrument is usually issued when the bill of lading is lost or is not available.[1]

References[edit]

  1. ↑ U.S. Department of Transportation Maritime Administration
Licensed under CC BY-SA 3.0 | Source: https://www.conservapedia.com/Steamship_guarantee
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