general order warehouse
Definition
Storage facility for goods which have been brought into the United States but have not yet been bonded through Customs for legal entry into the country. Items remain in the general order warehouse up to six months, after which if the duties have not yet been paid and documentation not completed, they will be sold at auction, retailed by the United States Government, or donated to charity.
Related Articles
- How to Negotiate with Car Dealerships *
- What is a C Corporation? *
- Diamonds as a Piece of Your Retirement *
- Investing In Costa Rican Property *
- Deciding Whether Your Nest Egg is Big Enough *
- End of the Year Tax Planning Tips *
- Different Types of Credits to be Aware of While Filing Taxes *
- Different Types of Financial Advisors *
Related Videos
http://www.businessdictionary.com/definition/general-order-warehouse.html
