Terms Used In Delaware Code > Title 6 > Article 7 > Part 5 - Warehouse Receipts and Bills of Lading: Negotiation and Transfer

• Bailee: means a person that by a warehouse receipt, bill of lading, or other document of title acknowledges possession of goods and contracts to deliver them. See Delaware Code Title 6 Sec. 7-102
• Carrier: means a person that issues a bill of lading. See Delaware Code Title 6 Sec. 7-102
• Consignee: means a person named in a bill of lading to which or to whose order the bill promises delivery. See Delaware Code Title 6 Sec. 7-102
• Consignor: means a person named in a bill of lading as the person from which the goods have been received for shipment. See Delaware Code Title 6 Sec. 7-102
• Contract: A legal written agreement that becomes binding when signed.
• Delivery order: means a record that contains an order to deliver goods directed to a warehouse, carrier, or other person that in the ordinary course of business issues warehouse receipts or bills of lading. See Delaware Code Title 6 Sec. 7-102
• Document: means :

  a. See Delaware Code Title 6 Sec. 17-101

• Fraud: Intentional deception resulting in injury to another.
• Goods: means all things that are treated as movable for the purposes of a contract for storage or transportation. See Delaware Code Title 6 Sec. 7-102
• Issuer: means a bailee that issues a document of title or, in the case of an unaccepted delivery order, the person that orders the possessor of goods to deliver. See Delaware Code Title 6 Sec. 7-102
• Knowledge: means a person's actual knowledge of a fact, rather than the person's constructive knowledge of the fact. See Delaware Code Title 6 Sec. 17-101
• Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). ^{Source: OCC}
• Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
• Person: means a natural person, partnership (whether general or limited), limited liability company, trust (including a common law trust, business trust, statutory trust, voting trust or any other form of trust), estate, association (including any group, organization, co-tenancy, plan, board, council or committee), corporation, government (including a country, state, county or any other governmental subdivision, agency or instrumentality), custodian, nominee or any other individual or entity (or series thereof) in its own or any representative capacity, in each case, whether domestic or foreign. See Delaware Code Title 6 Sec. 17-101
• Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
• Statute: A law passed by a legislature.
• Warehouse: means a person engaged in the business of storing goods for hire. See Delaware Code Title 6 Sec. 7-102