Words / B / Business

bonded

adjective/ˈbɒndɪd/

B1CEFR level
40/100Rarity: uncommon
TechnicalRegister

Held in secure storage on which import duty has not yet been paid.

The whisky stays in a bonded warehouse until it is sold, deferring the excise bill.

Topic: Operations & supply chain in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Operations & supply chain