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vault receipt

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Financial Dictionary

Vault Receipt

A document frequently used as a delivery instrument to indicate ownership of precious metals stored in a bank, warehouse, or depository. Also known as warrant or warehouse receipt for metals.

Investopedia Commentary

Vault receipts indicate ownership of precious metal commodities certified for delivery upon futures contract.

See also: Approved Delivery Facility, Cash Commodity, Commodity, Delivery Instrument, Futures Contract, Precious Metals

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