Skip to main content

SAGE Social Science Thesaurus

Search from vocabulary

Concept information

Preferred term

bonded warehouse  

Definition

  • A bonded warehouse is a public or private warehouse authorized by customs officials to hold goods for which payment of duties and VAT (value added tax) has been deferred until removal. Goods stored in a bonded warehouse can be taken out only after applicable taxes and duties have been paid on them, or when they are moved by a bonded carrier to another bonded warehouse or a customs area. [Source: Encyclopedia of Business in Today's World; Bonded Warehouse]

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-M8TZKC9X-4

Download this concept: