| 单词 | bill of sale |
| 释义 | bill of sale bill of sale1. A document by which a person transfers the ownership of goods to another. Commonly the goods are transferred conditionally, as security for a debt, and a conditional bill of sale is thus a mortgage of goods. The mortgagor has a right to redeem the goods on repayment of the debt and usually remains in possession of them; the mortgagor may thus obtain false credit by appearing to own them. An absolute bill of sale transfers ownership of the goods absolutely. The Bills of Sale Acts (1878; 1882) regulate the registration and form of bills of sale. bill of sight A document that an importer, who is unable fully to describe an imported cargo, gives to the Customs and Excise authorities to authorize them to inspect the goods on landing. After the goods have been landed and the importer supplies the missing information the entry is completed and the importer is said to have perfected the sight. |
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