BROWSE

Warehouse Receipt

Definition

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.


Further Reading


The role of warehouse receipt systems in enhanced commodity marketing and rural livelihoods in Africa
www.sciencedirect.com [PDF]
… systems involve major scale economies, both in terms of managing warehouses and providing … and regulatory costs associated with 2000 and 20,000 ton warehousing sites are … small-scale NGO schemes were discussed earlier (see models of warehouse receipt systems section …

Warehouse receipt financing for smallholders in developing countries: Challenges and limitationsWarehouse receipt financing for smallholders in developing countries: Challenges and limitations
onlinelibrary.wiley.com [PDF]
… systems involve major scale economies, both in terms of managing warehouses and providing … and regulatory costs associated with 2000 and 20,000 ton warehousing sites are … small-scale NGO schemes were discussed earlier (see models of warehouse receipt systems section …

Improving smallholder farmers access to finance through warehouse receipt system in TanzaniaImproving smallholder farmers access to finance through warehouse receipt system in Tanzania
repository.udom.ac.tz [PDF]
… systems involve major scale economies, both in terms of managing warehouses and providing … and regulatory costs associated with 2000 and 20,000 ton warehousing sites are … small-scale NGO schemes were discussed earlier (see models of warehouse receipt systems section …

Importance of public warehouse system for financing agribusiness sectorImportance of public warehouse system for financing agribusiness sector
ageconsearch.umn.edu [PDF]
… systems involve major scale economies, both in terms of managing warehouses and providing … and regulatory costs associated with 2000 and 20,000 ton warehousing sites are … small-scale NGO schemes were discussed earlier (see models of warehouse receipt systems section …

Electronic warehouse receipts registry as a step from paper to electronic warehouse receiptsElectronic warehouse receipts registry as a step from paper to electronic warehouse receipts
www.ea.bg.ac.rs [PDF]
… systems involve major scale economies, both in terms of managing warehouses and providing … and regulatory costs associated with 2000 and 20,000 ton warehousing sites are … small-scale NGO schemes were discussed earlier (see models of warehouse receipt systems section …



Q&A About Warehouse Receipt


What is a warehouse receipt?

A warehouse receipt is used in futures markets to guarantee the quantity and quality of a particular commodity being stored within an approved facility.

How do they differ from other types of receipts?

They differ because they are only for use with precious metals.

What does it mean when you say that they are most often used when settling futures contracts that have precious metals as their underlying commodities?

Warehouse receipts are most often used when settling futures contracts that have precious metals as their underlying commodities.

Why would someone want to use them instead of the actual commodity itself?

Someone might want to use them instead of the actual commodity itself if they were worried about theft or damage to the goods while in storage.

Where do you find these types of receipts?

You can find these types of receipts in warehouses.

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