- 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. The main types of warehouse are Customs Warehouses; Excise Warehouses; and Customs and Excise Warehouses. HM Customs & Revenue Glossary
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a large building used for storing goods in large quantities:• The unit will add 14 warehouses to its current distribution centers.
— warehouse verb [transitive] :• We are studying the systems we use to warehouse and deliver our products.
— warehousing noun [uncountable] :• They take on such tasks as warehousing, inventory management, labeling, and packaging.
a warehouse in which imported goods are stored until taxes on them have been paid:• The measures include creating a bonded warehouse to make the port a point of entry for imported goods.
ˈdata ˌwarehouse COMPUTINGa place where business information is stored electronically:• The mainframe's role is as a data warehouse for core business applications such as billing, distribution, and accounting.
a warehouse in which goods that are ready to be sent to shops or direct to customers are stored:• A £24m dry goods distribution warehouse is being built on the outskirts of the city.
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Ⅰ.warehouse UK US /ˈweəhaʊs/ noun [C] COMMERCE► a large building for storing things before they are sold, used, or sent out to stores: »The goods have been sitting in a warehouse for months because a strike has prevented distribution.
→ See also BONDED WAREHOUSE(Cf. ↑bonded warehouse), CUSTOMS WAREHOUSE(Cf. ↑customs warehouse), DATA WAREHOUSE(Cf. ↑data warehouse), DISTRIBUTION WAREHOUSE(Cf. ↑distribution warehouse)Ⅱ.warehouse UK US /ˈweəhaʊs/ verb [T]► to store something in a warehouse: »The division was only able to sell 40 systems, leaving 800 units warehoused and unsold.
warehousing noun [U]► »the logistics of warehousing
Financial and business terms. 2012.
