bonded warehouse

Noun

Meaning

bonded warehouse (plural bonded warehouses)

A premises where goods imported from another country are securely stored pending payment of import duties or re-exportation.

Source: en.wiktionary.org

Synonyms

lumberyard

Examples

Activities of temporary import for re-export of goods through bonded warehouse in the first six months of 2017 is estimated 939 mi. Source: Internet

In addition to difficulties in calculations, there are challenges in analyzing duties; and to opt for duty free options like using a bonded warehouse. Source: Internet

The cross-border bonded warehouse change mentioned earlier is typical of the changeable nature of the Chinese economy. Source: Internet

They can then be removed from the port of entry, bonded warehouse, or Free-Trade Zone. Source: Internet

Goods may be stored in a bonded warehouse or a Foreign-Trade Zone in the United States for up to five years without payment of duties. Source: Internet

Close letter words and terms

bonded labourers bonded leather bonded state bonded winery bondedly bondedness