approved warehouse

approved warehouse
Any warehouse which has been officially approved by the exchange and from which actual deliveries of commodities may be made on futures contracts. Chicago Mercantile Exchange Glossary

Financial and business terms. 2012.

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  • 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

  • Warehouse Financing — A form of inventory financing in which loans are made to manufacturers and processors on the basis of goods or commodities held in trust as collateral for the loans. The goods may be held in public warehouses approved by the lender, or may be… …   Investment dictionary

  • Warehouse Receipt — A receipt used in futures markets to guarantee the quantity and quality of a particular commodity being stored within an approved facility. Rather than delivering the actual commodity, warehouse receipts are used to settle expiring futures… …   Investment dictionary

  • approved delivery facility — Any bank, depository, stockyard, mill, warehouse, plant or elevator authorized by an exchange for delivery of exchange contracts. Chicago Mercantile Exchange Glossary …   Financial and business terms

  • 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

  • Defense of Sihang Warehouse — Part of the Battle of Shanghai in the Second Sino Japanese War West side of the Sihang W …   Wikipedia

  • 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

  • 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

  • distiller's warehouse — An Excise warehouse approved by HM Customs and Excise under Section 15 of the Alcoholic Liquor Duties Act 1979, for the storage of the spirits produced at a distillery. A limited range of operations, such as racking, can be carried out in a… …   Financial and business terms

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