negotiable document of title

A document of title that actually stands for the goods it covers, so that any transfer of the goods requires a surrender of the document. UCC § 7-104(a). [Cases: Bills and Notes 151; Warehousemen 15. C.J.S. Bills and Notes; Letters of Credit § 131; Warehousemen and Safe Depositaries § 36.]

---

词条贡献者

译者Susanne，世界顶尖法学院国际税法专业，擅长翻译各种与联邦税务纠纷相关的法律文件。