Bonded warehouse

Bonded warehouse
Bonded Bond"ed, a. Placed under, or covered by, a bond, as for the payment of duties, or for conformity to certain regulations. [1913 Webster]

{Bonded goods}, goods placed in a bonded warehouse; goods, for the duties on which bonds are given at the customhouse.

{Bonded warehouse}, a warehouse in which goods on which the duties are unpaid are stored under bond and in the joint custody of the importer, or his agent, and the customs officers. [1913 Webster]

The Collaborative International Dictionary of English. 2000.

Look at other dictionaries:

  • bonded warehouse — n. a warehouse, certified by the government and guaranteed by a bonding agency, where taxable or dutiable goods may be stored, with payment of the tax or duty deferred until the goods are removed …   English World dictionary

  • bonded warehouse — n technical an official place for storing goods that have been brought into a country before tax has been paid on them …   Dictionary of contemporary English

  • Bonded warehouse — A Bonded warehouse is a building or other secured area in which dutiable goods may be stored, manipulated, or undergo manufacturing operations without payment of duty.[1] It may be managed by the state or by private enterprise. In the latter case …   Wikipedia

  • bonded warehouse — A place approved by HM Revenue & Customs for the deposit, keeping and securing of goods liable to excise duty, without payment of that duty. This term is often applied to a Customs Warehouse: incorrectly, since no bond is usually required for… …   Financial and business terms

  • bonded warehouse — A building or part of a building, usually at a port of entry, designated by the Secretary of the Treasury as a bonded warehouse for the storage of imported merchandise entered for warehousing, for the manufacture of merchandise in bond, or for… …   Ballentine's law dictionary

  • bonded warehouse — noun 1. : a warehouse under bond to the government for payment of customs duties and taxes on goods stored or processed there 2. : a warehouse insured against loss or damage to goods stored therein * * * ˌbonded ˈwarehouse 7 [bonded warehouse]… …   Useful english dictionary

  • bonded warehouse — UK [ˌbɒndɪd ˈweə(r)ˌhaʊs] / US [ˌbɑndəd ˈwerˌhaʊs] noun [countable] Word forms bonded warehouse : singular bonded warehouse plural bonded warehouses a government building for storing goods that have been brought into a country before tax has been …   English dictionary

  • bonded warehouse — warehouse in which goods are held until customs duties are paid …   English contemporary dictionary

  • bonded warehouse — A warehouse, usually close to a sea port or airport, in which goods that attract customs duty or excise are stored after being imported, pending payment of the duty or the re export of the goods. The owners of the warehouse are held responsible… …   Big dictionary of business and management

  • bonded warehouse — a warehouse for goods held in bond by the government. [1840 50] * * * …   Universalium

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