Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

English definition of “bonded factory”

bonded factory

noun [C]     PRODUCTION
a factory approved by a government where imported materials can be used to produce goods before any import tax has to be paid . The import tax is only charged when the finished goods leave the factory : Customs authorities check the import and export containers going to and from the bonded factory .
(Definition of bonded factory noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of bonded factory

Word of the Day

gastronomy

the art and knowledge involved in preparing and eating good food

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More