A warehouse receipt is a document that provides proof of ownership of commodities that are stored in a warehouse, vault, or depository for safekeeping.
What is ‘Warehouse Receipt’
A receipt used in futures markets to guarantee the quantity and quality of a particular commodity being stored within an approved facility.
Explaining ‘Warehouse Receipt’
Rather than delivering the actual commodity, warehouse receipts are used to settle expiring futures contracts. Also referred to as a vault receipt, they are most often used when settling futures contracts that have precious metals as their underlying commodities.
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- Improving smallholder farmers access to finance through warehouse receipt system in Tanzania – repository.udom.ac.tz [PDF]
- Importance of public warehouse system for financing agribusiness sector – ageconsearch.umn.edu [PDF]
- Electronic warehouse receipts registry as a step from paper to electronic warehouse receipts – www.ea.bg.ac.rs [PDF]