unpaid seller
11sale — n 1 a: the transfer of title to property from one party to another for a price; also: the contract of such a transaction see also short 1 2 compare barter, donation …
12stoppage in transit — stopping goods in the course of their delivery at a distance. When the buyer of goods becomes insolvent, an unpaid seller who has parted with the possession of the goods has the right of stopping them in transit, that is to say, he may resume… …
13carriage of goods — ▪ law Introduction in law, the transportation of goods by land, sea, or air. The relevant law governs the rights, responsibilities, liabilities, and immunities of the carrier and of the persons employing the services of the carrier.… …
14retention — re·ten·tion /ri ten chən/ n 1: the act of retaining or the state of being retained 2: the portion of the insurance on a particular risk not reinsured or ceded by the originating insurer Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …
15stoppage in transitu — A remedy available to an unpaid seller of goods when the buyer has become insolvent and the goods are still in course of transit. If the seller gives notice of stoppage to the carrier or other bailee of the goods, the seller is entitled to have… …
16bill of lading — bill of lad·ing / lā diŋ/: a document issued by a carrier that lists goods being shipped and specifies the terms of their transport ◇ A bill of lading serves as a receipt for the goods, a contract for the transport of the goods, and a document of …
17in transit — index en route Burton s Legal Thesaurus. William C. Burton. 2006 in transit …
18lien — The right of one person to retain possession of goods owned by another until the possessor s claims against the owner have been satisfied. In a general lien, the goods are held as security for all the outstanding debts of the owner, whereas in a… …
19Lien — For other uses, see Lien (disambiguation). Property law …
20Incoterms — National Incoterms chambers. The Incoterms rules or International Commercial terms are a series of pre defined commercial terms published by the International Chamber of Commerce (ICC) widely used in international commercial transactions. A… …
