Glossary entry

Portuguese term or phrase:

armazens gerais de deposito

English translation:

bonded warehouses

Added to glossary by Michel Bruggeman
Mar 17, 2011 14:42
13 yrs ago
4 viewers *
Portuguese term

armazens gerais de deposito

Portuguese to English Bus/Financial Economics
In a document about how to do business in a Latin-American country:
"• A Junta Monetária aprova os bancos, financeiras, armazéns gerais de depósito e casas de câmbio, ..."

Proposed translations

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8 mins
Selected

bonded warehouses

Effectively these are duty free zones to permit import-expert without the customs effects of import
Peer comment(s):

agree Marlene Curtis
3 mins
agree connie leite
54 mins
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4 KudoZ points awarded for this answer. Comment: "Very good! Thanks Mark!"
25 mins

judicially authorised warehouses

"CONCEITO DE ARMAZÉM GERAL
Os armazéns gerais são estabelecimentos que se destinam à guarda e conservação das mercadorias neles depositados por terceiros."

There are many kinds of "armazéns gerais", including "armazéns gerais alfandegários", but the generic term in question refers to those described above. The link below describes this in detail.
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