Meaning BACKLETTER
What does BACKLETTER mean? Here you find 2 meanings of the word BACKLETTER. You can also add a definition of BACKLETTER yourself
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BACKLETTERWhere a seller/shipper issues a 'letter of indemnity' in favour of the carrier in exchange for a clean bill of lading. May have only a limited value. Example: P & I problems.
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BACKLETTERWhere a seller/shipper issues a ‘letter of indemnity’ in favor of the carrier in exchange for a clean bill of lading. May have only a limited value. Example: P & I problems.
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