Definition for : Warehousing certificate

Document produced by a Party A warehousing physical goods or commodities on behalf of a Party B. A warehousing certificate can be used by Party B in the context of obtaining inventory (secured) financing from a Party C (generally a bank). In that case, the warehousing certificate will often explicitly state that the goods / commodities stored won't be released by Party A without it having first received Party B's written approval.

(See Chapter 22 Shares of the Vernimmen)

To know more about it, look at what we have already written on this subject