field warehousing

An inventory-financing method by which a merchant pledges its inventory, which is in the possession of a third person (a warehouser).

• This is a method of financing an inventory that cannot economically be delivered to the creditor or third party. The borrower segregates part of the inventory and places it under the nominal control of a lender or third party, so that the lender has a possessory interest. Cf. floor-plan financing under FINANCING; PLEDGE.

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词条贡献者

译员李明，毕业于英国顶尖的高级翻译学院，专注翻译各种与调查和白领犯罪辩护有关的法律文件。