bonded warehouse

Advertisement

Webster's Dictionary (GCIDE)

Bonded \Bond"ed\ (b[o^]nd"[e^]d), 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 customhouse.

Bonded warehouse, a warehouse in which goods on which the duties are unpaid are stored under bond and in the joint custody of the importer, or his agent, and the customs officers. [1913 Webster]

Advertisement