Definition of London clause

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TeachMeFinance.com - explain London clause




historic definition...

London clause -- The name given to a clause inserted in a bill of lading which relieves the vessel from the payment of handling or dock charges on the cargo when landed at London and imposes such charges on the shipper.



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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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