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Legal Definition of document of title : a document (as a warehouse receipt) which is issued by or addressed to a bailee and which in the ordinary course of business is considered to show that the person in possession of it is entitled to receive, hold, and dispose of the bailed goods covered by it.

Document of title to goods means a written description, identification or declaration of goods which, in the regular course of business or financing, is treated as evidencing that the person in possession of it is entitled to receive, hold and dispose of the document and the goods it covers.

A formal document that confers or proves ownership is a document of title. In order to be a document of title, a document must purport to be issued by or addressed to a bailee and purport to cover goods in the bailee's possession.