bonded warehouse

(U.S. Customs) A warehouse owned by persons approved by the Treasury Department, and under bond or guarantee for the strict observance of the revenue laws of the United States; utilized for storing goods until duties are paid or goods are otherwise properly released. Payment of customs duties is deferred until the goods enter the Customs Territory of the United States. The goods are not subject to duties if reshipped to foreign points. See bond; in bond.

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