warehouse receipt
Definition 1
Receipt of goods or materials left for safekeeping in a warehouse. It is a non-negotiable instrument if it permits delivery only to a named entity; a negotiable instrument when bearer or made out to the order of the holder.
Definition 2
Document of title (signed or certified by the warehouse keeper) guaranteeing existence and availability of a specified quantity and quality of a commodity, and used as an instrument of transfer in cash (spot) and futures transactions.
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