Field warehouse

Field warehouse
A warehouse into which service parts and finished goods are
stocked, and from which deliveries are made directly to customers.
Field warehouse ...

FIELD WAREHOUSE - Warehouse rented by a company on another firm's premises.
FIELD WAREHOUSE RECEIPT - A receipt for goods segregated and stored on the borrower's premises (but und...

Field warehouse
Warehouse rented by a warehouse company on another firms premises.
Figure ...

Document giving proof of ownership of goods held in inventory, for example, unfinished goods temporarily stored in a field warehouse by a manufacturer. The receipt is a Title document for its holder and may be either negotiable or nonnegotiable.

The goods may be in a public (i.e., general), private, or field warehouse. Also known as collateral receipts. The receipts may be negotiable or non-negotiable. Negotiable warehouse receipts are bearer instruments.

The goods may be held in public warehouses approved by the lender, or may be held in field warehouses located in the borrower's facilities but controlled by an independent third party.

One who must act for the benefit of another party.
Field warehouse
Warehouse rented by a company on another firm's premises.
FIFO ...

See also: Banks, Member bank, Wire transfer, Expense, Values