DELIVERY ORDER Definition

DELIVERY ORDER is a document from the consignee, shipper, or owner of freight ordering the release of freight to another party.

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BENEFICIARY is a person who benefits from the terms of a trust, pension or provident fund, or other deferred income plan, or an insurance policy. In banking, it is the person in whose favor a letter of credit is issued or a draft is drawn.

SOX see SARBANES-OXLEY ACT.

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