Transit Storage
/ˈtrænzɪt ˈstɔːrɪdʒ/
Definitions
- (n.) Temporary holding of goods or property while in intermediate transportation before reaching the final destination.
The contract included provisions for the safe transit storage of the merchandise during shipment delays.
Forms
- transit storage
Related terms
See also
Commentary
Transit storage typically refers to short-term holding during transportation; clarity in contracts should specify duration and liability issues.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.