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14:32 Aug 9, 2006
English to Polish translations [PRO] Bus/Financial - Finance (general) / credit
English term or phrase:warehouse receipts
Inflation is the basically fraudulent issue of pseudo warehouse-receipts for money.
Znalazłem gdzieś takie wytłumaczenie:
The warehouse receipts system, also known as inventory credits, can facilitate credit for inventory orproducts held in bonded storage. These receipts, sometimes known as warrants, when backed by legalprovisions that guarantee quality, provide a secure system whereby stored agricultural commoditiescan serve as collateral, be sold, traded or used for delivery against financial instruments includingfutures contracts. These receipts are documents that state the ownership of a specific quantity ofproducts with specific characteristics and stored in a specific warehouse.