Glossary

Find easy-to-understand explanations of the most common freight forwarding and shipment terms

Bonded Goods

Bonded goods are goods stored in a secured warehouse or facility under the supervision of customs officials. They are imported merchandise subject to duties, taxes, and fees that the importer has yet to pay.

The payment of these fees can be deferred until the time of sale or delivery, at which point they must be satisfied before the bonded goods can be released for use.

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