WAREHOUSE RECEIPT

WAREHOUSE RECEIPT

warehouse receipt. A document evidencing title to goods stored with someone else; esp., a receipt issued by a person engaged in the business of storing goods for a fee. ? A warehouse receipt, which is considered a document of title, may be a negotiable instrument and is often used for financing with inventory as security. See BAILMENT. [Cases: Warehousemen 11. C.J.S. Warehousemen and Safe Depositaries ¡ì¡ì 23, 26¨C29.]
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Carl, Chinese legal translator, specializes in translating legal documents pertaining to complex business disputes.