The
Definition Of

Air Waybill

Air Waybill  or Air Consignment Note 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

  • Ownership clause
    Ownership clause is a provision in life insurance policies under which the policyholder ...
  • Loan Officers
    Most bank manager begins their careers accepting and analyzing loan application submitted ...
  • Inland marine insurance
    Inland marine insurance is a transportation insurance that provides protection for goods ...
  • Minimum coverage requirement
    Minimum coverage requirement is a test that must be met to prevent employers from establishing ...
  • BDS Statistic
    BDS Statistic is a statistic based upon the correlation integral which examines the probability ...