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Release of merchandise by a bank to a buyer while the bank retains title to the merchandise. The goods are usually obtained for manufacturing or sales purposes. The buyer is obligated to maintain the<ref>U.S. Department of Transportation Maritime Administration [http://www.marad.dot.gov/publications/glossary/glossary.html]</ref>
==References==
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[[Category:Shipping Terms]]
goods (or the proceeds from their sales) distinct from the remainder of the assets and to hold them ready for repossession by the bank.