Definition of Warehouse Receipt

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TeachMeFinance.com - explain Warehouse Receipt



Warehouse Receipt -- A document issued by a warehouse listing the goods or commodities deposited in the warehouse. It is a receipt for the commodities listed, and for which the warehouse is the bailee. Warehouse receipts may be either non-negotiable or negotiable.


historic definition...

Warehouse receipt -- A receipt for goods placed in a warehouse. It is assignable and the transfer of it completes the delivery of the property represented by it.


About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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