shipping certificate

Definition of "shipping certificate"
  1. A transferable document produced by certain futures exchanges, which promises the delivery of a specified commodity by an approved facility under certain conditions
How to use "shipping certificate" in a sentence
  1. The agribusiness owner secured a shipping certificate for the delivery of the season's white wheat.
  2. Their commodity trade involved a shipping certificate for a large quantity of soybean meal.
  3. The plywood manufacturing company issued a shipping certificate, guaranteeing delivery for the buyer.

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