OBL
Business & Finance abbreviation · Logistics, Supply Chain & Trade
| Stands for | Original bill of lading |
|---|---|
| Categories | Business & Finance |
OBL stands for Original bill of lading, a logistics, supply chain & trade abbreviation.
Paper original of an ocean bill of lading, usually issued in a set of three, which must be presented to release cargo when the bill is negotiable.
Example: The bank is holding the OBLs until the buyer pays the invoice.
Usage notes
To avoid couriering originals, shippers can surrender them at origin for a "telex release" or use a sea waybill or electronic bill of lading.
Related abbreviations
More logistics, supply chain & trade abbreviations
- MPS – Master production schedule
- MRO – Maintenance, repair and operations
- MRP – Material requirements planning
- MRP II – Manufacturing resource planning
- NMFC – National Motor Freight Classification
- NVOCC – Non-vessel operating common carrier
- OOG – Out of gauge
- OTD – On-time delivery
- OTIF – On time in full
- PL – Packing list
- POD – Proof of delivery
- POL – Port of loading