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entrepôt

 - 4 dictionary results

en⋅tre⋅pôt

  [ahn-truh-poh; Fr. ahn-truh-poh]
Use entrepôt in a Sentence
–noun, plural -pôts  [-pohz; Fr. -poh] .
1. a warehouse.
2. a commercial center where goods are received for distribution, transshipment, or repackaging.
Also, en⋅tre⋅pot.

Origin:
1715–25; < F, equiv. to entre inter- + pôt < L positum, n. use of neut. ptp. of pōnere to put, place (modeled on dépôt depot )
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To entrepôt
en·tre·pôt   (ŏn'trə-pō')   
n.  

  1. A place where goods are stored or deposited and from which they are distributed.

  2. A trading or market center.


[French, from entreposer, to store : entre, in, among (from Latin inter-; see inter-) + poser, to place (from Old French; see pose1).]
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Word Origin & History

entrepôt 
"warehouse," 1828, from Fr., from L. interpositum "that which is placed between," neut. pp. of interponere.
Online Etymology Dictionary, © 2001 Douglas Harper
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Financial Dictionary

Entrep&ocirc;t

A seaport or warehouse where goods are stored until they are shipped. The goods do not face any import or export duties upon shipment from the port or warehouse.

Investopedia Commentary

The use of entrep&#244;ts dates back to the original long distance sea trade routes. The benefit of the entrep&#244;t in the past was that it removed the need for ships to travel the whole distance of the shipping route. The ships would sell their goods to the entrep&#244;t and the entrep&#244;t would in turn sell them to another ship, removing the large risks associated with long distance travel in the past. For example, if a ship was carrying spices from China is could sell the spices to an entrep&#244;t in India and the entrep&#244;t could sell the spices to a ship heading to England.

Related Links

What Is International Trade?
What Is The World Trade Organization?

See also: Cost and Freight - CFR, Cost, Insurance, and Freight - CIF, Delivered Ex Ship - DES, Export, Free Alongside - FAS, Import, Tariff, Trade Sanction

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