What is Warehouse Receipt?
In this glossary, Warehouse Receipt refers to: A legal document issued by a warehouse operator confirming receipt and storage of specified goods. Serves as evidence of title, storage, and may be negotiable for trade finance or collateral.
How is Warehouse Receipt used in logistics?
In logistics communication, this term appears in contexts such as: "The bank required a warehouse receipt as collateral for the trade finance facility."
Why does Warehouse Receipt matter in logistics?
Warehouse Receipt matters because it supports clear communication in Incoterms 2020 contexts for Freight Forwarders, Supply Chain Managers, and Customs Brokers. It also connects to aviation training and exam language such as FIATA Diploma, CILT Certification, and IATA DGR.
Who uses Warehouse Receipt?
Warehouse Receipt is mainly used by Freight Forwarders, Supply Chain Managers, and Customs Brokers.
What category does Warehouse Receipt belong to?
In this glossary, Warehouse Receipt is grouped under Incoterms 2020. Related pages in this category explain adjacent procedures, commands and operational concepts.
Where does this definition come from?
This definition is sourced from Incoterms 2020 (ICC), FIATA, IATA DGR, WCO and published by Protermify Logistics as a static logistics reference page.
