An entrepôt is a trading centre, or simply a warehouse, where merchandise can be imported and re-exported without paying import duties.
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An entrepôt (French, literally warehouse) is a trading centre, or simply a warehouse, where merchandise can be imported and exported without paying import duties, often at a profit.
This profit is possible because of trade conditions, for example, the reluctance of ships to travel the entire length of a long trading route, and selling to the entrepot instead.
The entrepot then sells at a higher price to ships travelling the other segment of the route.
entrepot - a port where merchandise can be imported and re-exported without paying import duties; "Bahrain has been an entrepot of trade between Arabia and India since the second millenium BC"
entrepot - a depository for goods; "storehouses were built close to the docks"
This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.
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