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Warehouse Receipt definition was found in categories: Law(1) Sports(1)
Warehouse Receipt Definition from Law Dictionaries & Glossaries
| The 'Lectric Law Library |
Warehouse Receipt
A receipt supplied by a warehouseman for goods he has placed in storage.
A receipt supplied by a warehouseman for goods he has placed in storage.
Warehouse Receipt Definition from Sports Dictionaries & Glossaries
| maritime&shipping&trade |
Warehouse Receipt
A receipt of commodities deposited in a warehouse identifying the commodities deposited. It is non-negotiable if permitting delivery only to a specified person or firm, but it is negotiable if made out to the order of a person or firm or to a bearer. Endorsement (without endorsement if made out to bearer) and delivery of a negotiable warehouse receipt serves to transfer the property covered by the receipt. Warehouse receipts are common documents in international banking.
A receipt of commodities deposited in a warehouse identifying the commodities deposited. It is non-negotiable if permitting delivery only to a specified person or firm, but it is negotiable if made out to the order of a person or firm or to a bearer. Endorsement (without endorsement if made out to bearer) and delivery of a negotiable warehouse receipt serves to transfer the property covered by the receipt. Warehouse receipts are common documents in international banking.