warehouse receipt

warehouse receipt definition - business

warehouse receipt

Written acknowledgment by a warehouser of the receipt of goods being held in storage. Warehouse receipts can be used to settle futures contracts by guaranteeing the quality and quantity of goods being stored.

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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