A warehouse in which goods may be stored prior to payment of duty. The operator of the warehouse can import and pay for the goods, but postpone paying local taxes or duties until the goods are on-sold.« Back to Glossary Index
Discover the world’s largest Glossary of Procurement terms
With over 800 Procurement specific terms (and growing) you will find everything you need to know or thought you knew about the Procurement function. Our aim is to provide you with a comprehensive list collated from the Comprara Groups hub of training and consulting source materials.The Procurement Glossary has been compiled by industry expert Paul Rogers.