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WHS. REC. in Banking Meaning

The WHS. REC. meaning in Banking terms is "Warehouse Receipt". There are 1 related meanings of the WHS. REC. Banking abbreviation.

WHS. REC. on Banking Full Forms

  1. Warehouse Receipt A receipt of commodities deposited in a warehouse, identifying the commodities deposited. It is non–negotiable if delivery is only permitted to a specified person or firm, but it is negotiable if made out to the order of a person or firm or to a bearer. Endorsement and delivery of a negotiable warehouse receipt serves to transfer the property covered by the receipt and serves to transfer the property covered by the receipt. Warehouse receipts are common documents in international banking. A document that communicates proof of ownership of cargo stored in the warehouse.

Frequently Asked Questions (FAQ)

  1. What does WHS. REC. stand for Banking?

    WHS. REC. stands for Warehouse Receipt in Banking terms.

  2. What is the shortened form of Warehouse Receipt in Banking?

    The short form of "Warehouse Receipt" is WHS. REC. for Banking.

Citation

WHS. REC. in Banking. Acronym24.com. (2021, May 13). Retrieved November 23, 2024 from https://acronym24.com/whs.-rec.-meaning-in-banking/

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