document of title

Legal Definition of document of title

: a document (as a warehouse receipt) which is issued by or addressed to a bailee and which in the ordinary course of business is considered to show that the person in possession of it is entitled to receive, hold, and dispose of the bailed goods covered by it

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documentary draft

document of title

DOD

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Cite this Entry

“Document of title.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/document%20of%20title. Accessed 29 Nov. 2021.

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