The
Definition Of

Waybill

Waybill is non-negotiable transport document, issued for either ocean transport (sea waybill) or air transport (air waybill).

Share it:

More from this Section

  • Project Finance Loan Program
    Project Finance Loan Program refers to a program that allows banks, the Ex-Im Bank, or a combination of both to extend long-term financing for capital ...
  • Deposit Account
    A deposit account is an account provided by a bank or other financial institution for customers to save money and earn profit/ interest on cash held in the account.
  • Riegle-Neal Interstate Banking and Branching Efficiency Act
    Riegle-Neal Interstate Banking and Branching Efficiency Act is the federal law passed 1994 that permits bank holding companies to
  • Avalisation of a Bill (Aval)
    Avalisation of a Bill (Aval) is a bank’s guarantee to honour payment of a Bill of Exchange. An irrevocable, unconditional promise to pay on the due date.
  • D/P (documents against payment)
    D/P (documents against payment) refer to shipping documents presented to a bank on a collection basis to be passed to the buyer (drawee) when
  • EFIC
    EFIC means Export Finance and Insurance Corporation – a statutory corporation promoting the export of Australian goods and services by
  • Bank profitability
    Bank profitability is an important indicator of bank performance, it represents the rate of return a bank has been able to generate from