Sentences with phrase «warehouse receipts»

The situation changed when the goldsmiths figured out that they could make use of this development by issuing more warehouse receipts for gold than they actually had on deposit.

Examples include negotiable instruments such as warehouse receipts, bills of lading and the like.

That is, it is inconceivable — praxeologically impossible — that a bank and a customer can agree to make money substitutes (banknotes, demand deposit accounts) debts instead of warehouse receipts.

The plaintiff took another tack: he argued that UBC could not rely on the clause because of the provincial Warehouse Receipt Act.

I met an El Salvadoran with an innovation consultancy; a not - for - profit founder who thinks she's unlocked the key both to entrepreneurship and to ending poverty, and has a patent pending to prove it; an entrepreneur developing a first - trimester test for preeclampsia; another using warehouse receipts as a form of collateral for farmers in underdeveloped countries; and one who specializes in life - support systems for space travel.

In this issue: Landmark Supreme Court decision on GAFTA default clause and damages in sale of goods contracts; A heavy weight to bear: challenges ahead for shippers of bulk commodities; OW Bunkers and the 2002 ISDA Master Agreement: an English court decision; LME announces new warehouse receipt system; Conferences and events.

An famous story about Warren Buffett's beginnings in professional money management (while working for the Graham partnership) in the book Snowball by Alice Shroeder talks about how the investment firm got into an arbitrage deal for a Cocoa bean warehouse receipts / stock swap transaction.

The third type of money market fund is by far the most common and the list of short - term securities that it can hold Treasury Bills, commercial paper, repurchase agreements, whiskey warehouse receipts, bankers» acceptances, short - term CDs, eurodollars and other similar instruments with maturities of 120 days or less.

Examples include negotiable instruments such as warehouse receipts, bills of lading... [more]

If President Trump truly wants to see a strong dollar that will become a linchpin in «making America great again,» he should enact policies that will return the dollar to its original function — a warehouse receipt that can be redeemed for precious metals.

Investors buy and sell the warehouse receipts.

If a customer deposits 10 ounces of gold and then uses his warehouse receipt for ten ounces as a means of payment, nothing untoward has happened of course.

Warehouse Receipt: A Transfer of ownership instrument indicating the quantity, quality and location of a tangible commodity.

This notice, delivered through the clearing house, is separate and distinct from the warehouse receipt or other instrument that will be used to transfer title.

«For several weeks I busily bought share, sold beans, and made periodic stops at Schroeder Trust to exchange stock certificates for warehouse receipts.»

For several weeks I busily bought shares, sold beans, and made periodic stops at Schroeder Trust to exchange stock certificates for warehouse receipts.

A story on Financial Technologies (a stock which dropped 65 % yesterday and then another 20 % today) in today's Livemint mentions «warehouse receipts.»

Under the Ontario Electronic Commerce Act, 2000, for the purpose of a contract for the carriage of goods, a document of title is, for example, a warehouse receipt or bill of lading.

The plaintiffs, represented by lawyer Arthur Grant, argued that a provision of the Warehouse Receipt Act applied.

You may recall that UNCITRAL's Working Group on Electronic Commerce meets at the end of October to continue work on electronic transferable records (like bills of lading, warehouse receipts, negotiable instruments etc)-- documents that have to be unique to keep their value.

Examples are negotiable instruments (bills of exchange including cheques, promissory notes, bills of lading, warehouse receipts and other documents of title.)

Some examples of «real» documents include: paper currency; «live» checks, money orders and promissory notes; warehouse receipts; stock certicates; certificates of title (depending upon the document, sometimes and sometimes not); and a last will and testament.

The MLETR legally enables the use of electronic transferable records that are functionally equivalent to transferable documents and instruments including bills of lading, bills of exchange, promissory notes and warehouse receipts.

However, digital tokens can also represent units of value, which may make them look more like commodities; they can function as property records or warehouse receipts; they can entitle owners to the right to use a software system, which makes them look more like licenses.