Definition of Warehouse receipt

Warehouse receipt

Evidence that a firm owns goods stored in a warehouse.

American Depositary Receipts (ADRs)

Certificates issued by a U.S. depositary bank, representing foreign
shares held by the bank, usually by a branch or correspondent in the country of issue. One ADR may
represent a portion of a foreign share, one share or a bundle of shares of a foreign corporation. If the ADR's
are "sponsored," the corporation provides financial information and other assistance to the bank and may
subsidize the administration of the ADRs. "Unsponsored" ADRs do not receive such assistance. ADRs carry
the same currency, political and economic risks as the underlying foreign share; the prices of the two, adjusted for the SDR/ordinary ratio, are kept essentially identical by arbitrage. American depositary shares(ADSs) are
a similar form of certification.

Field warehouse

warehouse rented by a warehouse company on another firm's premises.

International Depository Receipt (IDR)

A receipt issued by a bank as evidence of ownership of one or more
shares of the underlying stock of a foreign corporation that the bank holds in trust. The advantage of the IDR
structure is that the corporation does not have to comply with all the regulatory issuing requirements of the
foreign country where the stock is to be traded. The U.S. version of the IDR is the American Depository
receipt (ADR).

Public warehouse

warehouse operated by an independent warehouse company on its own premises.

Trust receipt

receipt for goods that are to be held in trust for the lender.

Cash receipts journal

A journal used to record the transactions that result in a debit to cash.

Field warehouse

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

Inventory receipt

The arrival of an inventory delivery from a supplier or other
company location.

Unplanned receipt

A stock receipt for which no order was placed or for which an
excess quantity was received.

Warehouse demand

The demand for a part by an outlying warehouse.

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