entrepot

entrepot definition - business

entrepot

  1. A temporary storage facility. For example, a state might attempt to stimulate employment by establishing an entrepot where goods could be imported and exported without duties being paid.
  2. A financial center. London is a major entrepot where funds are collected and distributed to users.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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