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LSDefine

Simple English definitions for legal terms

warehouse

Read a random definition: consensus

A quick definition of warehouse:

A warehouse is a building where things are stored. It's like a big closet for businesses. Sometimes, there are special warehouses called bonded warehouses where things that have to pay taxes to the government can be stored without paying the taxes until they are taken out of the warehouse. This is called a warehouse system.

A more thorough explanation:

A warehouse is a building where goods and other items are stored. It is a place where businesses keep their products until they are ready to be sold or shipped to customers.

A bonded warehouse is a special type of private warehouse used to store products that are subject to customs duties. This means that importers can store goods without paying customs duties until the goods are removed for domestic consumption or re-exportation.

For example, a company that imports electronics from another country may store them in a bonded warehouse until they are ready to be sold in the local market. This allows the company to avoid paying customs duties until the products are sold.

Another example is a company that exports goods to other countries. They may store their products in a bonded warehouse until they are ready to be shipped. This allows them to avoid paying customs duties until the products leave the country.

Overall, a warehouse is an important part of the supply chain for businesses. It allows them to store their products safely and efficiently until they are ready to be sold or shipped to customers.

warectare | warehouse book

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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