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.

---

词条贡献者

资深译员Michael，国内知名法学院法律翻译专业，擅长翻译各类与劳动诉讼相关的法律文件。