Bonded Warehouse Meaning:
A bonded warehouse is a secure storage facility where imported goods can be stored without paying customs duties until they are moved or sold. These warehouses are often used by importers to delay duty payments until the goods are ready for distribution, export, or sale. Bonded warehouses are usually regulated by customs authorities and provide added security and control.
Synonyms of Bonded Warehouse:
Customs warehouse
Duty-free warehouse
Bonded storage
Free port
Secure warehouse
Tariff-free warehouse
Import warehouse
Controlled storage
Authorized storage facility
Customs-controlled warehouse
Antonyms of Bonded Warehouse:
Duty-paid warehouse
Non-bonded warehouse
Domestic storage
Free-access warehouse
General warehouse
Open warehouse
Public warehouse
Unregulated storage
Private storage facility
Non-customs warehouse
Examples:
The goods were stored in a bonded warehouse until customs clearance was completed.
Importers often use bonded warehouses to defer customs duties.
The company chose a bonded warehouse to store imported electronics temporarily.
A bonded warehouse provides a safe, duty-free environment for imported goods.
After importing, the furniture was kept in a bonded warehouse for several months.