„Bonded Terminal“
What does Bonded Terminal stand for?
(USA) A terminal approved by Customs for temporary storage of imported goods until Customs duties are paid or goods released. Bonds must be posted by the terminal operator to indemnify the government if the goods are released improperly.
Source:
Shipping and LogisticsView all itemsMallin, M. T. (2007). International Logistics. 2nd Edition. United States: Cengage Learning.
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