Bonded goods

Bonded Goods
Definition: Goods that are brought into a country and placed in a bonded warehouse until all duties are paid.

BONDED GOODS
Imported goods stored in a bonded warehouse, usually after the owners of the goods have deposited a bond guaranteeing that the duty will be paid when and if the goods are withdrawn for domestic sale.

Bonded store (place on a vessel where goods are placed behind seal untilthe time that the vessel leaves the port or country again).
Bonded goods (dutiable goods upon which duties have not been paid i.e.

[Harvey] bonded Goods stored by customs until the import duties are paid or the goods are exported. [ITDS] bonded debt That portion of issuer's total indebtedness represented by outstanding bonds.

See also: Bonded warehouse, Tariff, General Agreement on Tariffs and Trade, GATT, World Bank