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TeachMeFinance.com - explain Elevator Elevator The term 'Elevator ' as it applies to the area of agriculture can be defined as ' A tall warehouse facility that uses vertical conveyors to raise or elevate grain, generally owned privately or by an agricultural cooperative, where grain is stored before being marketed. The term elevator often refers to any grain storage facility, even if the grain is not elevated. The country elevator is where a farmer delivers grain; a terminal elevator is a major transshipment facility; while an export elevator is at a port facility'. Previous 5 Terms: ELEV Elevated Building Elevated Convection elevation Elevation Certificate Next 5 Terms: Eligibility eligibility criteria ELISA ell ellipse 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". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.