Bill of Adventure

Bill of Adventure is a writing by a merchant, stating that goods shipped by him, and in his name, are the property of another, whose adventure or chance the transaction is—the shipping merchant, on the other hand, undertaking to account to the adventurer for the produce. Generally, in commercial law, an adventure may be said to be a speculation in goods shipped under the care of a supercargo, to be disposed of by him to the best advantage, for the benefit of his employers.