Glossary


Terms & Glossaries of Shipping and Trading

Acquiescence

When a Bill of Lading is accepted or signed by a shipper or shipper's agent without protest, the shipper is said to acquiesce to the terms, giving a silent form of consent.

What is Acquiescence?

A silent or passive assent or submission, or a submission with apparent content; -- distinguished from avowed consent on the one hand, and on the other, from opposition or open discontent; quiet satisfaction.