BEARER BILL OF LADING

This document allows the goods to be delivered to the holder of it. The name of the consignee, to whom the goods have been sent, perhaps the buyer, may be stated as "bearer". It may also be an "Order bill of lading" without stating to whose specific order the bill, and delivery of cargo under it, are subject or it could be an "Order bill of lading" indorse in blank, that is without identifying to whom the cargo should be delivered.