Definition Of

Air Consignment Note

Air Consignment Note or Air Waybill is a document which acknowledges receipt by an air transport company of goods dispatched by air. Normally completed in triplicate with a copy each for the Consignor, Consignee and the Carrier.

An Air Waybill is not a document of title to goods in the same manner as a Bill of Lading.

Share it:  Cite

More from this Section

  • Creditworthiness
    Creditworthiness is a creditor’s measure of a consumer’s or company’s past and future ...
  • Bearer form
    Bearer form describes issue form of security not registered on the issuing corporation's ...
  • Boston
    Boston is the system, which permits the automatic execution of trades based on the current ...
  • Electronic Funds Transfer (EFT)
  • Keogh plan
    Keogh plan is a retirement savings plans for self-employed individuals, who do not have ...