仓单

倉單
cāngdān
noun #85,102

Measure Word

仓单 zhāng

Meanings

  1. 1 warehouse receipt
  2. 2 warehouse warrant (negotiable document of title to stored goods)

Examples

Tā bǎ cāngdān zhìyā gěi yínháng huànqǔ dàikuǎn.
He pledged the warehouse receipt to the bank in exchange for a loan.
Qīhuò jiāoyì zhōng, cāngdān kěyǐ zhíjiē zhuǎnràng.
In futures trading, warehouse receipts can be transferred directly.

Tips

usage
Under the PRC Contract Law, a 仓单 is a negotiable instrument — whoever holds it legally owns the goods sitting in the warehouse. Standardized 仓单 are the vehicle for physical delivery on futures exchanges.

Stroke Order

cāng
dān