delivery of warehouse receipt

delivery of warehouse receipt
The voluntary transfer of possession from one person to another. Uniform Warehouse Receipts Act § 58.

Ballentine's law dictionary. . 1998.

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  • Warehouse receipt — A warehouse receipt is a document that provides proof of ownership of commodities (e.g., bars of copper) that are stored in a warehouse, vault, or depository for safekeeping. Warehouse receipts may be negotiable or non negotiable. Negotiable… …   Wikipedia

  • receipt — re·ceipt /ri sēt/ n 1: the act, process, or fact of taking possession 2: something (as income) received usu. used in pl. 3: a writing acknowledging the receiving of goods or money Merriam Webster’s Dictionary of Law. Merriam Webster …   Law dictionary

  • receipt — a written acknowledgement of having received money or goods specified Also statement Euroclear Clearing and Settlement glossary A detailed summary of an account. Euroclear Clearing and Settlement glossary See deposit receipt, withdrawal receipt.… …   Financial and business terms

  • receipt — The acceptance of property upon a delivery thereof. The acceptance of money offered by way of payment or gift. An acknowledgment in writing of the receipt of money. Glickman v Weston, 140 Or 117, 11 P2d 281, 12 P2d 1005. Written evidence of the… …   Ballentine's law dictionary

  • delivery notice — Notification of delivery by the clearinghouse to the buyer. Such notice is initiated by the seller in the form of a Notice of Intention to Deliver. The CENTER ONLINE Futures Glossary The written notice given by the seller of its intention to make …   Financial and business terms

  • symbolic delivery — A transaction wherein physical custody is retained by the party who in the reality of the situation should not have possession. A constructive change of possession. 15 Am J2d Chat Mtg § 137. A delivery of goods of such a nature or so situated as… …   Ballentine's law dictionary

  • Vault Receipt — A document frequently used as a delivery instrument to indicate ownership of precious metals stored in a bank, warehouse, or depository. Also known as warrant or warehouse receipt for metals. Vault receipts indicate ownership of precious metal… …   Investment dictionary

  • dock receipt — Also known as dock warrant. A type of interim certificate issued by maritime shipping company upon delivery of goods at the dock, often entitling the designated person to have a bill of lading issued to him. Trade usage may in some cases entitle… …   Black's law dictionary

  • dock receipt — Also known as dock warrant. A type of interim certificate issued by maritime shipping company upon delivery of goods at the dock, often entitling the designated person to have a bill of lading issued to him. Trade usage may in some cases entitle… …   Black's law dictionary

  • constructive delivery — A symbolic delivery whereby the party to whom delivery is made is clothed with all the usual muniments of title and indicia of ownership, as in the case of the deposit of a warehouse receipt or bill of lading for goods in store or in transit. 46… …   Ballentine's law dictionary

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