What is Bill Of Adventure?

Legal Definition
Com. law, contracts. A writing signed by a merchant, to testify that the goods shipped on board a certain vessel belong to another person who is to take the hazard, the subscriber signing only to oblige himself to account to him, for the proceeds.
-- Bouviers Law Dictionary
Legal Definition
A written certificate by a merchant or the master or owner of a ship, to the effect that the property and risk in goods shipped on the vessel in his own name belong to another person, to whom he is account able for the proceeds alone.
-- Black's Law Dictionary
Legal Definition
In mercantile law. A writing signed by a merchant, stating that the property in goods shipped in his name belongs to another, to the adventure or' chance of which the person so named is to stand, with a covenant from the merchant to account to him for the produce.
-- Black's Law Dictionary
Legal Definition
A statement signed by shipper that the goods are those of another and are shipped at the latter’s risk.
-- Ballentine's Law Dictionary