Air Waybill (AWB) or air consignment note refers to a receipt issued by an international airline for goods and an evidence of the contract of carriage, but it is not a document of title to the goods. Hence, the AWB is non-negotiable.
Read more about Air Waybill: Description, The Validity of The Air Waybill, Responsibility For Completion, Definition of The Term Not Negotiable, House and Master AWBs and BLs, Air Waybill Number, Trivia
Famous quotes containing the word air:
“Every living language, like the perspiring bodies of living creatures, is in perpetual motion and alteration; some words go off, and become obsolete; others are taken in, and by degrees grow into common use; or the same word is inverted to a new sense or notion, which in tract of time makes an observable change in the air and features of a language, as age makes in the lines and mien of a face.”
—Richard Bentley (1662–1742)