Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

Warehouse

A building used to store goods and other items.

Warehouseman

See WAREHOUSER.

bonded warehouse

A special type of private warehouse used to store products subject to customs duties. See WAREHOUSE SYSTEM.

field-warehouse financing agreement

The loan agreement in a field-warehousing arrangement.

warehouse book

A book used by merchants to account for quantities of goods received, shipped, and in stock.

warehouse receipt

See WAREHOUSE RECEIPT. 3. (usu. pl.) Something received; INCOME <post the daily receipts in the ledger>.

warehouse system

A system of maintaining bonded warehouses so that importers can either store goods for reexportation without paying customs duties or store the goods without paying duties until the goods are removed for

warehouseman's lien

See warehouser's lien under LIEN.

warehouser

One who, as a business, keeps or stores the goods of another for a fee. a The transaction in which a warehouser engages is a bailment for the benefit of both parties, and the bailee is liable for ordinary negligence. - Also termed warehouseman. See BAILEE.

warehouser's lien

A lien covering storage charges for goods stored with a bailee. - Also termed warehouseman's lien.