customs bonded warehouse

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• 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 Collaborative International Dictionary of 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 — 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 — noun a customs controlled warehouse for the retention of imported goods until the duty owed is paid …   English new terms 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 — 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… …   The Collaborative International Dictionary of English

• Bonded goods — 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 Collaborative International Dictionary of English

• warehouse — A warehouse that is exchange approved for delivery. Chicago Mercantile Exchange Glossary A place approved by HM Customs and Excise for the storage of goods without the payment of certain duties or taxes which would normally be due on those goods …   Financial and business terms

• customs warehouse — A place approved by HM Customs and Excise for the storage of goods without payment of import duty. Import VAT is also suspended during storage of warehoused goods. There are several different types of Customs warehouse. While most approvals are… …   Financial and business terms